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$130,982$130,982$413,100
Remaining term (yrs)19.719.730.0
Secondary amount$0$282,118$0
Funding fee$655$655$0
Note rate3.57%3.57%7.18%
Blended rate3.57%6.425%7.42%
1st payment$768.77$768.77$2,798.48
2nd payment$0.00$1,822.01$0.00
Taxes / mo$89.08$89.08$89.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,024.52$2,846.53$3,136.85
Cash to close$328,018$45,900$45,900