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$189,587$189,587$216,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$26,413$0
Funding fee$948$948$0
Note rate6.320%6.320%7.320%
Blended rate6.320%6.648%7.560%
1st payment$1,200.86$1,200.86$1,483.77
2nd payment$0.00$198.10$0.00
Taxes / mo$44.00$44.00$44.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,394.86$1,592.95$1,720.97
Cash to close$50,413$24,000$24,000