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$342,845$342,845$854,999
Remaining term (yrs)23.623.630.0
Secondary amount$0$512,154$0
Funding fee$1,714$1,714$0
Note rate3.23%3.23%7.18%
Blended rate3.23%5.938%7.42%
1st payment$1,724.34$1,724.34$5,792.06
2nd payment$0.00$3,307.66$0.00
Taxes / mo$201.08$201.08$201.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$171.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,142.09$5,449.75$6,380.81
Cash to close$607,154$95,000$95,000