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$259,867$259,867$301,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$41,633$0
Funding fee$1,299$1,299$0
Note rate3.070%3.070%7.400%
Blended rate3.070%3.889%7.640%
1st payment$1,233.63$1,233.63$2,087.53
2nd payment$0.00$312.25$0.00
Taxes / mo$132.08$132.08$132.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$164.67$164.67$164.67
Total monthly$1,680.38$1,992.63$2,594.58
Cash to close$75,133$33,500$33,500