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
Current Market Conventional
New · Conventional
Loan amount$288,541$269,100
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.840%7.400%
Blended rate3.690%7.640%
1st payment$1,338.29$1,863.19
2nd payment$0.00$0.00
Taxes / mo$83.58$83.58
Insurance / mo$150.00$150.00
MI / mo$229.52$53.82
HOA / mo$198.00$198.00
Total monthly$1,999.39$2,348.60
Cash to close$10,459$29,900