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$523,781$440,100
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$3,351.34$3,047.16
2nd payment$0.00$0.00
Taxes / mo$179.33$179.33
Insurance / mo$166.67$166.67
MI / mo$243.02$88.02
HOA / mo$208.00$208.00
Total monthly$4,148.36$3,689.18
Cash to close$0$48,900