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$381,831$381,831$486,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$104,169$0
Funding fee$1,909$1,909$0
Note rate2.830%2.830%7.320%
Blended rate2.830%3.938%7.560%
1st payment$1,814.96$1,814.96$3,338.48
2nd payment$0.00$694.46$0.00
Taxes / mo$206.58$206.58$206.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$108.00$108.00$108.00
Total monthly$2,296.21$2,990.67$3,916.93
Cash to close$158,169$54,000$54,000