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$910,457$910,457$1,057,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$147,043$0
Funding fee$4,552$4,552$0
Note rate6.89%6.89%7.18%
Blended rate6.89%7.044%7.42%
1st payment$6,127.75$6,127.75$7,163.87
2nd payment$0.00$980.29$0.00
Taxes / mo$354.50$354.50$354.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$211.50
HOA / mo$165.00$165.00$165.00
Total monthly$6,863.92$7,844.20$8,111.54
Cash to close$264,543$117,500$117,500