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$127,012$127,012$149,399
Remaining term (yrs)27.727.730.0
Secondary amount$0$30,687$0
Funding fee$635$635$0
Note rate6.990%6.990%7.320%
Blended rate6.990%7.941%7.560%
1st payment$864.02$864.02$1,026.27
2nd payment$0.00$303.67$0.00
Taxes / mo$23.92$23.92$23.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$29.88
HOA / mo$50.42$50.42$50.42
Total monthly$1,088.36$1,392.03$1,280.48
Cash to close$38,987$8,300$16,600