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$258,472$258,472$665,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$406,628$0
Funding fee$1,292$1,292$0
Note rate3.15%3.15%7.18%
Blended rate3.15%5.962%7.42%
1st payment$1,289.21$1,289.21$4,505.62
2nd payment$0.00$2,626.14$0.00
Taxes / mo$403.00$403.00$403.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.02
HOA / mo$146.00$146.00$146.00
Total monthly$2,054.88$4,681.02$5,404.31
Cash to close$480,528$73,900$73,900