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$678,106$678,106$1,079,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$401,804$0
Funding fee$3,391$3,391$0
Note rate3.75%3.75%7.18%
Blended rate3.75%5.238%7.42%
1st payment$3,589.77$3,589.77$7,315.69
2nd payment$0.00$2,594.99$0.00
Taxes / mo$283.33$283.33$283.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$215.98
HOA / mo$124.00$124.00$124.00
Total monthly$4,213.77$6,808.76$8,155.67
Cash to close$521,794$119,990$119,990