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$360,126$360,126$710,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$349,974$0
Funding fee$1,801$1,801$0
Note rate3.600%3.600%7.320%
Blended rate3.600%5.645%7.560%
1st payment$1,898.60$1,898.60$4,877.89
2nd payment$0.00$2,260.25$0.00
Taxes / mo$345.25$345.25$345.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.02
HOA / mo$132.00$132.00$132.00
Total monthly$2,592.52$4,852.77$5,713.83
Cash to close$428,874$78,900$78,900