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$374,573$374,573$544,410
Remaining term (yrs)24.024.030.0
Secondary amount$0$169,837$0
Funding fee$1,873$1,873$0
Note rate2.9%2.9%7.18%
Blended rate2.9%4.491%7.42%
1st payment$1,802.48$1,802.48$3,688.02
2nd payment$0.00$1,132.24$0.00
Taxes / mo$192.42$192.42$192.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.88
HOA / mo$85.67$85.67$85.67
Total monthly$2,247.23$3,379.47$4,241.66
Cash to close$230,327$60,490$60,490