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$108,836$108,836$558,000
Remaining term (yrs)15.915.930.0
Secondary amount$0$449,164$0
Funding fee$544$544$0
Note rate3.55%3.55%7.18%
Blended rate3.55%6.931%7.42%
1st payment$743.82$743.82$3,780.09
2nd payment$0.00$2,900.85$0.00
Taxes / mo$163.17$163.17$163.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$125.00$125.00$125.00
Total monthly$1,198.65$4,099.50$4,346.52
Cash to close$511,164$62,000$62,000