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$320,109$320,109$335,250
Remaining term (yrs)25.325.330.0
Secondary amount$0$33,766$0
Funding fee$1,601$1,601$0
Note rate3.1%3.1%7.18%
Blended rate3.1%3.937%7.42%
1st payment$1,518.04$1,518.04$2,271.10
2nd payment$0.00$334.14$0.00
Taxes / mo$115.75$115.75$115.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.05
HOA / mo$56.00$56.00$56.00
Total monthly$1,839.79$2,173.93$2,659.90
Cash to close$52,391$18,625$37,250