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$112,871$112,871$562,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$449,629$0
Funding fee$564$564$0
Note rate6.300%6.300%7.400%
Blended rate6.300%7.459%7.640%
1st payment$706.14$706.14$3,894.64
2nd payment$0.00$2,903.85$0.00
Taxes / mo$119.17$119.17$119.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$991.97$3,895.82$4,292.97
Cash to close$512,129$62,500$62,500