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$292,477$292,477$315,000
Remaining term (yrs)28.028.030.0
Secondary amount$0$40,023$0
Funding fee$1,462$1,462$0
Note rate6.12%6.12%7.18%
Blended rate6.12%6.813%7.42%
1st payment$1,819.25$1,819.25$2,133.92
2nd payment$0.00$396.06$0.00
Taxes / mo$128.50$128.50$128.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$77.00$77.00$77.00
Total monthly$2,174.75$2,570.81$2,552.42
Cash to close$57,523$17,500$35,000