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$695,080$695,080$808,200
Remaining term (yrs)26.826.830.0
Secondary amount$0$113,120$0
Funding fee$3,475$3,475$0
Note rate6.670%6.670%7.400%
Blended rate6.670%6.856%7.640%
1st payment$4,637.47$4,637.47$5,595.81
2nd payment$0.00$754.13$0.00
Taxes / mo$352.00$352.00$352.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.64
HOA / mo$75.00$75.00$75.00
Total monthly$5,281.14$6,035.27$6,401.12
Cash to close$202,920$89,800$89,800