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$946,253$946,253$1,163,700
Remaining term (yrs)26.726.730.0
Secondary amount$0$217,447$0
Funding fee$4,731$4,731$0
Note rate6.310%6.310%7.400%
Blended rate6.310%6.579%7.640%
1st payment$6,103.30$6,103.30$8,057.22
2nd payment$0.00$1,404.35$0.00
Taxes / mo$402.83$402.83$402.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$232.74
HOA / mo$0.00$0.00$0.00
Total monthly$6,722.80$8,127.15$8,909.46
Cash to close$346,747$129,300$129,300