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$466,366$466,366$503,100
Remaining term (yrs)29.029.030.0
Secondary amount$0$36,734$0
Funding fee$2,332$2,332$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.683%7.640%
1st payment$2,978.18$2,978.18$3,483.36
2nd payment$0.00$275.51$0.00
Taxes / mo$180.67$180.67$180.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.62
HOA / mo$0.00$0.00$0.00
Total monthly$3,325.51$3,601.02$3,931.32
Cash to close$92,634$55,900$55,900