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$327,656$327,656$508,500
Remaining term (yrs)21.221.230.0
Secondary amount$0$180,844$0
Funding fee$1,638$1,638$0
Note rate3.920%3.920%7.400%
Blended rate3.920%5.371%7.640%
1st payment$1,890.79$1,890.79$3,520.75
2nd payment$0.00$1,205.63$0.00
Taxes / mo$374.25$374.25$374.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,431.70$3,637.33$4,163.37
Cash to close$237,344$56,500$56,500