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$236,819$236,819$269,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$32,281$0
Funding fee$1,184$1,184$0
Note rate2.870%2.870%7.400%
Blended rate2.870%3.605%7.640%
1st payment$1,104.56$1,104.56$1,863.19
2nd payment$0.00$242.10$0.00
Taxes / mo$109.25$109.25$109.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$410.00$410.00$410.00
Total monthly$1,773.81$2,015.92$2,586.26
Cash to close$62,181$29,900$29,900