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$478,262$478,262$683,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$204,838$0
Funding fee$2,391$2,391$0
Note rate2.87%2.87%7.18%
Blended rate2.87%4.333%7.42%
1st payment$2,230.68$2,230.68$4,627.56
2nd payment$0.00$1,322.92$0.00
Taxes / mo$306.42$306.42$306.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.62
HOA / mo$110.00$110.00$110.00
Total monthly$2,863.77$4,186.68$5,397.26
Cash to close$280,738$75,900$75,900