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$13,421$13,421$351,000
Remaining term (yrs)1.81.830.0
Secondary amount$0$337,579$0
Funding fee$67$67$0
Note rate6.910%6.910%7.400%
Blended rate6.910%7.718%7.640%
1st payment$624.71$624.71$2,430.25
2nd payment$0.00$2,180.20$0.00
Taxes / mo$70.50$70.50$70.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$845.21$3,025.41$2,720.95
Cash to close$376,579$39,000$39,000