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$175,130$175,130$383,400
Remaining term (yrs)24.424.430.0
Secondary amount$0$208,270$0
Funding fee$876$876$0
Note rate2.74%2.74%7.18%
Blended rate2.74%5.462%7.42%
1st payment$818.48$818.48$2,597.29
2nd payment$0.00$1,345.07$0.00
Taxes / mo$202.08$202.08$202.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,170.56$2,515.64$3,026.05
Cash to close$250,870$42,600$42,600