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$69,149$69,149$166,500
Remaining term (yrs)18.518.530.0
Secondary amount$0$97,351$0
Funding fee$346$346$0
Note rate3.77%3.77%7.18%
Blended rate3.77%6.828%7.42%
1st payment$431.75$431.75$1,127.93
2nd payment$0.00$730.13$0.00
Taxes / mo$44.25$44.25$44.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$626.00$1,356.14$1,355.48
Cash to close$115,851$18,500$18,500