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$187,257$187,257$396,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$208,743$0
Funding fee$936$936$0
Note rate2.94%2.94%7.18%
Blended rate2.94%5.475%7.42%
1st payment$904.95$904.95$2,682.64
2nd payment$0.00$1,348.13$0.00
Taxes / mo$75.08$75.08$75.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,130.03$2,478.16$2,986.93
Cash to close$252,743$44,000$44,000