Latest / The Assumable Guy Show
Should I Rent Out My House to Keep My Low Rate or Sell It as an Assumable?
For most sellers, selling as an assumable puts more money in your pocket. Not a little more. Ryan runs both paths side by side on a real scenario: a $450,000 home with a $375,000 loan at 2.75% and a payment around $1,980 a month. The rental math looks good on the surface at $2,400 a month in rent until you back out property management, vacancy, and maintenance, and the cash flow drops to about $100 a month if nothing breaks. And something always breaks. The bigger cost is the $75,000 in equity still sitting in the walls of a house you no longer live in, which means buying the next place with…
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