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$352,766$355,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$2,372.27$2,461.41
2nd payment$0.00$0.00
Taxes / mo$16.00$16.00
Insurance / mo$150.00$150.00
MI / mo$164.26$71.10
HOA / mo$62.00$62.00
Total monthly$2,764.53$2,760.51
Cash to close$42,234$39,500