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$292,825$292,825$539,999
Remaining term (yrs)24.324.330.0
Secondary amount$0$247,174$0
Funding fee$1,464$1,464$0
Note rate2.670%2.670%7.400%
Blended rate2.670%4.995%7.640%
1st payment$1,361.39$1,361.39$3,738.84
2nd payment$0.00$1,596.33$0.00
Taxes / mo$308.50$308.50$308.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$113.00$113.00$113.00
Total monthly$1,949.56$3,545.89$4,435.01
Cash to close$307,174$60,000$60,000