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$280,986$280,986$440,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$159,924$0
Funding fee$1,405$1,405$0
Note rate3.110%3.110%7.400%
Blended rate3.110%4.884%7.640%
1st payment$1,333.99$1,333.99$3,052.77
2nd payment$0.00$1,066.16$0.00
Taxes / mo$143.25$143.25$143.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.18
HOA / mo$113.00$113.00$113.00
Total monthly$1,756.90$2,823.06$3,563.87
Cash to close$208,914$48,990$48,990