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$223,388$223,388$445,500
Remaining term (yrs)19.619.630.0
Secondary amount$0$222,112$0
Funding fee$1,117$1,117$0
Note rate3.6%3.6%7.18%
Blended rate3.6%5.669%7.42%
1st payment$1,318.38$1,318.38$3,017.97
2nd payment$0.00$1,434.47$0.00
Taxes / mo$202.33$202.33$202.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$38.00$38.00$38.00
Total monthly$1,725.38$3,159.85$3,514.07
Cash to close$271,612$49,500$49,500