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$237,440$237,440$449,550
Remaining term (yrs)19.319.330.0
Secondary amount$0$212,110$0
Funding fee$1,187$1,187$0
Note rate3.92%3.92%7.18%
Blended rate3.92%5.727%7.42%
1st payment$1,457.19$1,457.19$3,045.41
2nd payment$0.00$1,369.88$0.00
Taxes / mo$228.75$228.75$228.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.91
HOA / mo$40.00$40.00$40.00
Total monthly$1,892.60$3,262.48$3,570.73
Cash to close$262,060$49,950$49,950