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$356,296$328,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$2,409.30$2,274.47
2nd payment$0.00$0.00
Taxes / mo$177.75$177.75
Insurance / mo$150.00$150.00
MI / mo$169.21$65.70
HOA / mo$81.00$81.00
Total monthly$2,987.26$2,748.92
Cash to close$8,704$36,500