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$633,329$633,329$629,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$30,721$0
Funding fee$3,167$3,167$0
Note rate4%4%7.18%
Blended rate4%4.364%7.42%
1st payment$3,298.62$3,298.62$4,261.74
2nd payment$0.00$304.01$0.00
Taxes / mo$169.00$169.00$169.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$503.00$503.00$503.00
Total monthly$4,137.29$4,441.30$5,226.23
Cash to close$65,671$34,950$69,900