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$281,663$281,663$385,200
Remaining term (yrs)23.823.830.0
Secondary amount$0$103,537$0
Funding fee$1,408$1,408$0
Note rate3.160%3.160%7.400%
Blended rate3.160%4.461%7.640%
1st payment$1,399.77$1,399.77$2,667.05
2nd payment$0.00$690.25$0.00
Taxes / mo$113.08$113.08$113.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.04
HOA / mo$27.33$27.33$27.33
Total monthly$1,690.18$2,380.43$3,034.50
Cash to close$146,337$42,800$42,800