Phillips Property Group - The Brokery
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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$333,261$326,700
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.190%7.400%
Blended rate7.740%7.640%
1st payment$2,333.65$2,262.00
2nd payment$0.00$0.00
Taxes / mo$157.08$157.08
Insurance / mo$150.00$150.00
MI / mo$157.73$65.34
HOA / mo$86.00$86.00
Total monthly$2,884.47$2,720.43
Cash to close$29,739$36,300