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$277,335$277,335$454,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$177,165$0
Funding fee$1,387$1,387$0
Note rate2.25%2.25%7.18%
Blended rate2.25%4.491%7.42%
1st payment$1,237.44$1,237.44$3,078.94
2nd payment$0.00$1,181.10$0.00
Taxes / mo$166.17$166.17$166.17
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$90.90
HOA / mo$78.00$78.00$78.00
Total monthly$1,481.61$2,662.71$3,414.01
Cash to close$227,665$50,500$50,500