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$45,647$45,647$472,500
Remaining term (yrs)3.33.330.0
Secondary amount$0$426,853$0
Funding fee$228$228$0
Note rate2.93%2.93%7.18%
Blended rate2.93%7.284%7.42%
1st payment$1,171.37$1,171.37$3,200.88
2nd payment$0.00$2,756.76$0.00
Taxes / mo$135.58$135.58$135.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,473.62$4,230.37$3,597.63
Cash to close$479,353$52,500$52,500