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$248,843$248,843$370,755
Remaining term (yrs)23.723.730.0
Secondary amount$0$121,912$0
Funding fee$1,244$1,244$0
Note rate3.03%3.03%7.18%
Blended rate3.03%4.664%7.42%
1st payment$1,222.78$1,222.78$2,511.62
2nd payment$0.00$812.75$0.00
Taxes / mo$209.58$209.58$209.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.15
HOA / mo$123.33$123.33$123.33
Total monthly$1,705.70$2,518.44$3,068.69
Cash to close$163,107$41,195$41,195