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 · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$229,945$229,945$386,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$156,965$0
Funding fee$0$0$0
Note rate2.680%2.680%7.400%
Blended rate3.530%5.343%7.640%
1st payment$1,070.22$1,070.22$2,678.89
2nd payment$0.00$1,046.43$0.00
Taxes / mo$150.92$150.92$150.92
Insurance / mo$150.00$150.00$150.00
MI / mo$187.39$187.39$77.38
HOA / mo$149.58$149.58$149.58
Total monthly$1,708.10$2,754.54$3,206.77
Cash to close$199,955$42,990$42,990