Phillips Property Group - The Brokery
Call Pedro

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$244,418$244,418$373,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$129,082$0
Funding fee$1,222$1,222$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.577%7.640%
1st payment$1,146.04$1,146.04$2,586.04
2nd payment$0.00$860.54$0.00
Taxes / mo$146.08$146.08$146.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$78.00$78.00$78.00
Total monthly$1,520.13$2,380.67$3,034.82
Cash to close$170,582$41,500$41,500