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$537,695$537,695$765,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$227,305$0
Funding fee$2,688$2,688$0
Note rate6.81%6.81%7.18%
Blended rate6.81%7.089%7.42%
1st payment$3,668.48$3,668.48$5,182.38
2nd payment$0.00$1,468.01$0.00
Taxes / mo$45.00$45.00$45.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$113.00$113.00$113.00
Total monthly$4,043.14$5,511.15$5,710.04
Cash to close$312,305$85,000$85,000