See what stepping into the seller's low-rate mortgage — instead of starting a new one — does to your monthly payment. Then see four ways to fund the difference.
Earl Coleman · Associate Broker · BHGRE Metro Brokers
The home you want
What the seller is asking
Approx. what the seller still owes
FHA/VA loans from 2019–2021 are often 2.5%–3.5%
~5 years in = ~25 years remaining
New 30-year loan rate
Your position
Savings you could put toward the purchase
Leave 0 if you don't own a home
Current mortgage balance
Typical HELOC / second-mortgage rate
The gap you must cover
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Price minus seller's loan balance
Your usable equity (est.)
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Your home's value minus what you owe
Monthly savings vs. new loan
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Assumption + equity bridge vs. new 30-yr loan
Saved over life of loan
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Total payments, assumed loan vs. new loan
Your monthly payment, four ways
Monthly principal & interest only — excludes taxes, insurance, HOA. Bridge option shows no payment on the gap because the equity bridge carries no interest and no monthly payment; it is repaid when your current home sells. Full data in the option cards below.
Four ways to fund the gap
1Pay the gap in cash
Bring the difference to closing. Your all-in rate is the seller's rate. Simplest — if the cash is there.
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per month (assumed loan only)
2Second loan on the gap
Finance the gap with a second mortgage at today's rate. Your blended rate usually still beats a full new loan.
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per month · blended rate —
Available to most qualified buyers
Our Edge
3Equity bridge — no interest, no payments
The equity in your current home funds the gap through our in-house program. No interest. No monthly payment. Repaid when your home sells — you never write the check.
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per month (assumed loan only)
4Seller financing on the gap
Some sellers with large equity will carry part of the gap themselves for monthly income. Negotiated case by case.
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per month if seller carries at —
Ask — motivated sellers say yes more than you'd think
Get these numbers in writing
I'll send your personalized comparison — verified loan terms, real assumable listings in your range, and which of the four gap options you actually qualify for.
Got it. Your comparison is on the way, and I'll follow up personally within one business day. Need it faster? Call or text 770.691.0529.
Real assumable inventory, verified loan terms, and program pre-approval in about 48 hours.
Estimates for illustration only — not a loan offer, commitment, or guarantee. Assumability of any specific loan requires loan servicer approval; FHA/VA guidelines, credit qualification, and program requirements apply. Equity bridge subject to in-house program approval, verified equity, qualifying property, and program terms. VA loan assumptions by non-veterans can affect the seller's entitlement — talk to us before proceeding. Earl Coleman, Associate Broker, Better Homes and Gardens Real Estate Metro Brokers.