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 · VA
Current Market Conventional
New · Conventional
Loan amount$475,073$418,500
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$2,375$0
Note rate6.840%7.400%
Blended rate6.840%7.640%
1st payment$3,151.41$2,897.61
2nd payment$0.00$0.00
Taxes / mo$99.42$99.42
Insurance / mo$166.67$166.67
MI / mo$0.00$83.70
HOA / mo$60.33$60.33
Total monthly$3,477.83$3,307.72
Cash to close$0$46,500