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$88,075$88,075$292,500
Remaining term (yrs)18.218.230.0
Secondary amount$0$204,425$0
Funding fee$440$440$0
Note rate3.93%3.93%7.18%
Blended rate3.93%6.6%7.42%
1st payment$562.36$562.36$1,981.50
2nd payment$0.00$1,320.24$0.00
Taxes / mo$117.75$117.75$117.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$830.11$2,150.36$2,307.75
Cash to close$236,925$32,500$32,500