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
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$182,558$182,558$323,991
Remaining term (yrs)23.123.130.0
Secondary amount$0$141,433$0
Funding fee$913$913$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.571%7.640%
1st payment$975.61$975.61$2,243.25
2nd payment$0.00$942.89$0.00
Taxes / mo$200.42$200.42$200.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$170.00$170.00$170.00
Total monthly$1,496.02$2,438.91$2,828.46
Cash to close$177,432$35,999$35,999