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$298,680$298,680$346,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$47,820$0
Funding fee$1,493$1,493$0
Note rate2.84%2.84%7.18%
Blended rate2.84%3.69%7.42%
1st payment$1,391.64$1,391.64$2,347.31
2nd payment$0.00$358.65$0.00
Taxes / mo$190.75$190.75$190.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$190.00$190.00$190.00
Total monthly$1,922.39$2,281.04$2,947.36
Cash to close$86,320$38,500$38,500