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$0$0$243,000
Remaining term (yrs)——30.0
Secondary amount$0$243,000$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.000%7.750%7.640%
1st payment$0.00$0.00$1,682.48
2nd payment$0.00$1,569.38$0.00
Taxes / mo$134.67$134.67$134.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$11.00$11.00$11.00
Total monthly$295.67$1,865.04$2,026.75
Cash to close$270,000$27,000$27,000