Elevate48
Call Ashlea

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$383,925$383,925$463,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$79,575$0
Funding fee$1,920$1,920$0
Note rate3.1%3.1%7.18%
Blended rate3.1%4.113%7.42%
1st payment$1,824.62$1,824.62$3,139.91
2nd payment$0.00$596.81$0.00
Taxes / mo$33.00$33.00$33.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$76.00$76.00$76.00
Total monthly$2,100.28$2,697.09$3,508.28
Cash to close$131,075$51,500$51,500