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$393,698$393,698$476,999
Remaining term (yrs)27.327.330.0
Secondary amount$0$83,301$0
Funding fee$1,968$1,968$0
Note rate5.5%5.5%7.18%
Blended rate5.5%6.111%7.42%
1st payment$2,319.75$2,319.75$3,231.36
2nd payment$0.00$624.76$0.00
Taxes / mo$141.25$141.25$141.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$123.00$123.00$123.00
Total monthly$2,750.66$3,375.42$3,757.67
Cash to close$136,301$53,000$53,000