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$243,369$243,369$278,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$35,541$0
Funding fee$1,217$1,217$0
Note rate5.27%5.27%7.18%
Blended rate5.27%5.745%7.42%
1st payment$1,443.00$1,443.00$1,889.43
2nd payment$0.00$266.56$0.00
Taxes / mo$146.67$146.67$146.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,739.67$2,006.23$2,241.88
Cash to close$66,531$30,990$30,990