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$317,532$317,532$863,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$546,378$0
Funding fee$1,588$1,588$0
Note rate2.9%2.9%7.18%
Blended rate2.9%5.967%7.42%
1st payment$1,485.94$1,485.94$5,852.43
2nd payment$0.00$3,528.69$0.00
Taxes / mo$343.75$343.75$343.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$172.78
HOA / mo$19.00$19.00$19.00
Total monthly$2,065.36$5,594.05$6,604.63
Cash to close$642,368$95,990$95,990