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$223,385$223,385$674,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$451,525$0
Funding fee$1,117$1,117$0
Note rate2.77%2.77%7.18%
Blended rate2.77%6.102%7.42%
1st payment$1,054.97$1,054.97$4,572.08
2nd payment$0.00$2,916.10$0.00
Taxes / mo$221.33$221.33$221.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,492.97$4,409.07$5,145.06
Cash to close$526,515$74,990$74,990