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$429,939$429,939$494,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$64,161$0
Funding fee$2,150$2,150$0
Note rate3.125%3.125%7.18%
Blended rate3.125%3.888%7.42%
1st payment$2,094.76$2,094.76$3,347.21
2nd payment$0.00$481.20$0.00
Taxes / mo$170.08$170.08$170.08
Insurance / mo$100.00$100.00$100.00
MI / mo$0.00$0.00$98.82
HOA / mo$112.00$112.00$112.00
Total monthly$2,476.84$2,958.04$3,828.11
Cash to close$119,061$54,900$54,900