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$512,515$501,300
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$2,563$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,305.72$3,470.90
2nd payment$0.00$0.00
Taxes / mo$192.33$192.33
Insurance / mo$166.67$166.67
MI / mo$0.00$100.26
HOA / mo$43.33$43.33
Total monthly$3,708.05$3,973.49
Cash to close$44,485$55,700