Phillips Property Group - The Brokery
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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 · VA
Current Market Conventional
New · Conventional
Loan amount$381,462$373,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,907$0
Note rate3.760%7.400%
Blended rate3.760%7.640%
1st payment$1,936.34$2,586.04
2nd payment$0.00$0.00
Taxes / mo$185.42$185.42
Insurance / mo$150.00$150.00
MI / mo$0.00$74.70
HOA / mo$45.00$45.00
Total monthly$2,316.76$3,041.16
Cash to close$33,538$41,500