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$423,614$350,100
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,118$0
Note rate6.690%7.400%
Blended rate6.690%7.640%
1st payment$2,810.39$2,424.02
2nd payment$0.00$0.00
Taxes / mo$177.08$177.08
Insurance / mo$150.00$150.00
MI / mo$0.00$70.02
HOA / mo$85.33$85.33
Total monthly$3,222.80$2,906.46
Cash to close$0$38,900