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$490,791$360,000
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate0.000%7.400%
Blended rate0.550%7.640%
1st payment$1,363.31$2,492.57
2nd payment$0.00$0.00
Taxes / mo$149.17$149.17
Insurance / mo$150.00$150.00
MI / mo$224.95$72.00
HOA / mo$139.00$139.00
Total monthly$2,026.42$3,002.73
Cash to close$0$40,000