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$198,365$198,365$269,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$70,735$0
Funding fee$992$992$0
Note rate3.68%3.68%7.18%
Blended rate3.68%5.078%7.42%
1st payment$1,059.02$1,059.02$1,822.98
2nd payment$0.00$530.52$0.00
Taxes / mo$97.83$97.83$97.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,306.85$1,837.37$2,124.63
Cash to close$100,635$29,900$29,900