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$179,704$179,704$256,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$76,796$0
Funding fee$899$899$0
Note rate3.08%3.08%7.18%
Blended rate3.08%4.852%7.42%
1st payment$869.36$869.36$1,737.62
2nd payment$0.00$575.97$0.00
Taxes / mo$83.92$83.92$83.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,103.28$1,679.25$2,022.84
Cash to close$105,296$28,500$28,500