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
Current Market Conventional
New · Conventional
Loan amount$379,286$359,999
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$1,896$0
Note rate6.120%7.400%
Blended rate6.120%7.640%
1st payment$2,413.00$2,492.56
2nd payment$0.00$0.00
Taxes / mo$161.25$161.25
Insurance / mo$150.00$150.00
MI / mo$0.00$72.00
HOA / mo$98.00$98.00
Total monthly$2,822.25$2,973.81
Cash to close$20,713$40,000