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$413,602$374,399
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.170%7.400%
Blended rate5.020%7.640%
1st payment$2,189.43$2,592.26
2nd payment$0.00$0.00
Taxes / mo$177.67$177.67
Insurance / mo$150.00$150.00
MI / mo$318.27$74.88
HOA / mo$105.00$105.00
Total monthly$2,940.37$3,099.81
Cash to close$2,397$41,600