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$504,546$463,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.020%7.400%
Blended rate7.570%7.640%
1st payment$3,448.93$3,209.18
2nd payment$0.00$0.00
Taxes / mo$288.08$288.08
Insurance / mo$166.67$166.67
MI / mo$237.12$92.70
HOA / mo$67.00$67.00
Total monthly$4,207.81$3,823.63
Cash to close$10,454$51,500