RS Equity Partners
Call Ray

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$307,804$270,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$1,987.16$1,869.43
2nd payment$0.00$0.00
Taxes / mo$68.08$68.08
Insurance / mo$150.00$150.00
MI / mo$147.61$54.00
HOA / mo$41.00$41.00
Total monthly$2,393.86$2,182.51
Cash to close$0$30,000