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$276,851$278,999
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$1,384$0
Note rate2.875%7.400%
Blended rate2.875%7.640%
1st payment$1,286.17$1,931.73
2nd payment$0.00$0.00
Taxes / mo$123.42$123.42
Insurance / mo$150.00$150.00
MI / mo$0.00$55.80
HOA / mo$89.00$89.00
Total monthly$1,648.58$2,349.95
Cash to close$33,148$31,000