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$286,559$286,559$521,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$234,541$0
Funding fee$1,433$1,433$0
Note rate3.02%3.02%7.18%
Blended rate3.02%5.149%7.42%
1st payment$1,399.96$1,399.96$3,530.11
2nd payment$0.00$1,514.75$0.00
Taxes / mo$178.67$178.67$178.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.22
HOA / mo$240.00$240.00$240.00
Total monthly$1,985.29$3,500.04$4,219.67
Cash to close$292,441$57,900$57,900