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$393,979$393,979$1,619,999
Remaining term (yrs)23.623.630.0
Secondary amount$0$1,226,020$0
Funding fee$1,970$1,970$0
Note rate3.24%3.24%7.18%
Blended rate3.24%6.653%7.42%
1st payment$1,983.58$1,983.58$10,974.44
2nd payment$0.00$7,918.05$0.00
Taxes / mo$337.67$337.67$337.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$324.00
HOA / mo$134.67$134.67$134.67
Total monthly$2,672.58$10,590.63$11,987.44
Cash to close$1,406,020$180,000$180,000