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$689,300$689,300$742,500
Remaining term (yrs)28.528.530.0
Secondary amount$0$53,200$0
Funding fee$3,447$3,447$0
Note rate6.76%6.76%7.18%
Blended rate6.76%6.92%7.42%
1st payment$4,544.84$4,544.84$5,029.95
2nd payment$0.00$399.00$0.00
Taxes / mo$234.75$234.75$234.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,996.26$5,395.26$5,629.87
Cash to close$135,700$82,500$82,500