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$97,918$97,918$314,100
Remaining term (yrs)16.016.030.0
Secondary amount$0$216,182$0
Funding fee$490$490$0
Note rate3.39%3.39%7.18%
Blended rate3.39%6.391%7.42%
1st payment$658.86$658.86$2,127.82
2nd payment$0.00$1,396.17$0.00
Taxes / mo$107.17$107.17$107.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$916.03$2,312.20$2,447.81
Cash to close$251,082$34,900$34,900