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
Current Market Conventional
New · Conventional
Loan amount$225,114$233,910
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$1,126$0
Note rate2.990%7.400%
Blended rate2.990%7.640%
1st payment$1,068.75$1,619.55
2nd payment$0.00$0.00
Taxes / mo$78.42$78.42
Insurance / mo$150.00$150.00
MI / mo$0.00$46.78
HOA / mo$349.00$349.00
Total monthly$1,646.16$2,243.74
Cash to close$34,786$25,990