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
Current Market Conventional
New · Conventional
Loan amount$505,615$480,600
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$2,528$0
Note rate6.430%7.400%
Blended rate6.430%7.640%
1st payment$3,299.65$3,327.58
2nd payment$0.00$0.00
Taxes / mo$158.17$158.17
Insurance / mo$166.67$166.67
MI / mo$0.00$96.12
HOA / mo$55.00$55.00
Total monthly$3,679.49$3,803.53
Cash to close$28,385$53,400