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$360,436$332,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.400%
Blended rate7.510%7.640%
1st payment$2,472.34$2,299.39
2nd payment$0.00$0.00
Taxes / mo$217.42$217.42
Insurance / mo$150.00$150.00
MI / mo$171.01$66.42
HOA / mo$150.00$150.00
Total monthly$3,160.77$2,883.23
Cash to close$8,564$36,900