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$0$0$180,000
Remaining term (yrs)16.316.330.0
Secondary amount$0$180,000$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.000%8.000%7.560%
1st payment$0.00$0.00$1,236.48
2nd payment$0.00$1,200.00$0.00
Taxes / mo$76.17$76.17$76.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.00
HOA / mo$243.00$243.00$243.00
Total monthly$469.17$1,669.17$1,741.64
Cash to close$200,000$20,000$20,000