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$96,519$96,519$445,410
Remaining term (yrs)16.416.430.0
Secondary amount$0$348,891$0
Funding fee$0$0$0
Note rate3.530%3.530%7.400%
Blended rate4.380%7.020%7.640%
1st payment$643.83$643.83$3,083.93
2nd payment$0.00$2,253.26$0.00
Taxes / mo$198.50$198.50$198.50
Insurance / mo$166.67$166.67$166.67
MI / mo$101.18$101.18$89.08
HOA / mo$71.00$71.00$71.00
Total monthly$1,181.18$3,434.44$3,609.18
Cash to close$398,381$49,490$49,490