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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$64,331$64,331$373,500
Remaining term (yrs)16.316.330.0
Secondary amount$0$309,169$0
Funding fee$0$0$0
Note rate3.350%3.350%7.400%
Blended rate4.200%7.139%7.640%
1st payment$424.98$424.98$2,586.04
2nd payment$0.00$1,996.71$0.00
Taxes / mo$74.67$74.67$74.67
Insurance / mo$150.00$150.00$150.00
MI / mo$68.31$68.31$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$717.96$2,714.67$2,885.41
Cash to close$350,669$41,500$41,500