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 · FHA
Current Market Conventional
New · Conventional
Loan amount$336,471$314,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.630%7.400%
Blended rate8.180%7.640%
1st payment$2,447.42$2,174.76
2nd payment$0.00$0.00
Taxes / mo$182.17$182.17
Insurance / mo$150.00$150.00
MI / mo$158.41$62.82
HOA / mo$99.00$99.00
Total monthly$3,037.00$2,668.75
Cash to close$12,529$34,900