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$573,094$573,094$652,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$79,406$0
Funding fee$2,865$2,865$0
Note rate6.82%6.82%7.18%
Blended rate6.82%7.085%7.42%
1st payment$3,846.45$3,846.45$4,420.26
2nd payment$0.00$595.55$0.00
Taxes / mo$173.75$173.75$173.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$146.00$146.00$146.00
Total monthly$4,382.86$4,978.41$5,087.18
Cash to close$151,906$72,500$72,500