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$116,769$116,769$449,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$332,331$0
Funding fee$584$584$0
Note rate2.72%2.72%7.18%
Blended rate2.72%6.442%7.42%
1st payment$548.49$548.49$3,042.36
2nd payment$0.00$2,146.30$0.00
Taxes / mo$173.83$173.83$173.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$27.67$27.67$27.67
Total monthly$916.66$3,062.96$3,500.35
Cash to close$382,231$49,900$49,900