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$322,042$322,042$764,955
Remaining term (yrs)23.523.530.0
Secondary amount$0$442,913$0
Funding fee$1,610$1,610$0
Note rate3.65%3.65%7.18%
Blended rate3.65%6.024%7.42%
1st payment$1,698.77$1,698.77$5,182.07
2nd payment$0.00$2,860.48$0.00
Taxes / mo$435.42$435.42$435.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.99
HOA / mo$524.67$524.67$524.67
Total monthly$2,875.52$5,736.00$6,511.82
Cash to close$527,908$84,995$84,995