RS Equity Partners
Call Ray

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$57,415$57,415$251,910
Remaining term (yrs)19.819.830.0
Secondary amount$0$194,495$0
Funding fee$287$287$0
Note rate3.570%3.570%7.400%
Blended rate3.570%6.990%7.640%
1st payment$336.01$336.01$1,744.17
2nd payment$0.00$1,296.64$0.00
Taxes / mo$41.25$41.25$41.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$527.26$1,823.90$1,985.81
Cash to close$222,485$27,990$27,990