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$1,190,467$1,190,467$1,348,200
Remaining term (yrs)26.626.630.0
Secondary amount$0$157,733$0
Funding fee$5,952$5,952$0
Note rate6.390%6.390%7.400%
Blended rate6.390%6.578%7.640%
1st payment$7,747.88$7,747.88$9,334.66
2nd payment$0.00$1,051.56$0.00
Taxes / mo$255.17$255.17$255.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$269.64
HOA / mo$175.00$175.00$175.00
Total monthly$8,394.71$9,446.27$10,251.14
Cash to close$307,533$149,800$149,800