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$266,283$207,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$1,781.70$1,433.23
2nd payment$0.00$0.00
Taxes / mo$78.25$78.25
Insurance / mo$150.00$150.00
MI / mo$124.62$41.40
HOA / mo$0.00$0.00
Total monthly$2,134.58$1,702.88
Cash to close$0$23,000