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$385,979$385,979$807,300
Remaining term (yrs)24.624.630.0
Secondary amount$0$421,321$0
Funding fee$1,930$1,930$0
Note rate3.18%3.18%7.18%
Blended rate3.18%5.565%7.42%
1st payment$1,883.23$1,883.23$5,468.93
2nd payment$0.00$2,721.03$0.00
Taxes / mo$254.17$254.17$254.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.46
HOA / mo$148.00$148.00$148.00
Total monthly$2,502.06$5,223.10$6,249.22
Cash to close$511,021$89,700$89,700