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$403,986$403,986$562,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$158,514$0
Funding fee$2,020$2,020$0
Note rate3.05%3.05%7.18%
Blended rate3.05%4.445%7.42%
1st payment$1,909.37$1,909.37$3,810.57
2nd payment$0.00$1,056.76$0.00
Taxes / mo$187.58$187.58$187.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$154.00$154.00$154.00
Total monthly$2,417.62$3,474.38$4,431.32
Cash to close$221,014$62,500$62,500