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$1,023,622$1,023,622$1,885,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$861,878$0
Funding fee$5,118$5,118$0
Note rate5.54%5.54%7.18%
Blended rate5.54%6.55%7.42%
1st payment$6,216.57$6,216.57$12,773.03
2nd payment$0.00$5,566.30$0.00
Taxes / mo$570.50$570.50$570.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$377.10
HOA / mo$112.50$112.50$112.50
Total monthly$7,116.23$12,682.53$14,049.80
Cash to close$1,071,378$209,500$209,500