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$221,965$221,965$445,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$223,535$0
Funding fee$1,110$1,110$0
Note rate2.9%2.9%7.18%
Blended rate2.9%5.334%7.42%
1st payment$1,043.45$1,043.45$3,017.97
2nd payment$0.00$1,443.66$0.00
Taxes / mo$188.58$188.58$188.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$265.00$265.00$265.00
Total monthly$1,663.70$3,107.36$3,727.32
Cash to close$273,035$49,500$49,500