Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$163,274$163,274$373,500
Remaining term (yrs)19.819.830.0
Secondary amount$0$210,226$0
Funding fee$816$816$0
Note rate5.730%5.730%7.320%
Blended rate5.730%6.867%7.560%
1st payment$1,147.02$1,147.02$2,565.69
2nd payment$0.00$1,357.71$0.00
Taxes / mo$138.42$138.42$138.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,435.44$2,793.15$2,928.80
Cash to close$251,726$41,500$41,500