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$381,160$381,160$431,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$50,750$0
Funding fee$1,906$1,906$0
Note rate5.1%5.1%7.18%
Blended rate5.1%5.558%7.42%
1st payment$2,221.64$2,221.64$2,925.91
2nd payment$0.00$380.62$0.00
Taxes / mo$134.58$134.58$134.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,522.89$2,903.51$3,313.54
Cash to close$98,740$47,990$47,990