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$321,146$321,146$382,410
Remaining term (yrs)25.225.230.0
Secondary amount$0$61,264$0
Funding fee$1,606$1,606$0
Note rate3.1%3.1%7.18%
Blended rate3.1%4.045%7.42%
1st payment$1,529.57$1,529.57$2,590.58
2nd payment$0.00$459.48$0.00
Taxes / mo$158.42$158.42$158.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,837.99$2,297.47$2,975.48
Cash to close$103,754$42,490$42,490