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$213,850$213,850$337,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$123,650$0
Funding fee$1,069$1,069$0
Note rate2.96%2.96%7.18%
Blended rate2.96%4.807%7.42%
1st payment$1,016.55$1,016.55$2,286.34
2nd payment$0.00$824.33$0.00
Taxes / mo$214.92$214.92$214.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,381.47$2,205.80$2,718.76
Cash to close$161,150$37,500$37,500