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$245,212$245,212$595,800
Remaining term (yrs)24.124.130.0
Secondary amount$0$350,588$0
Funding fee$1,226$1,226$0
Note rate2.81%2.81%7.18%
Blended rate2.81%5.717%7.42%
1st payment$1,165.86$1,165.86$4,036.16
2nd payment$0.00$2,264.21$0.00
Taxes / mo$256.42$256.42$256.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.16
HOA / mo$113.00$113.00$113.00
Total monthly$1,701.95$3,966.16$4,691.40
Cash to close$416,788$66,200$66,200