Phillips Property Group - The Brokery
Call Pedro

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$374,052$319,410
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$2,352.21$2,211.53
2nd payment$0.00$0.00
Taxes / mo$160.08$160.08
Insurance / mo$150.00$150.00
MI / mo$173.26$63.88
HOA / mo$94.33$94.33
Total monthly$2,929.89$2,679.83
Cash to close$0$35,490