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$453,744$453,744$472,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$45,006$0
Funding fee$2,269$2,269$0
Note rate3.220%3.220%7.400%
Blended rate3.220%4.001%7.640%
1st payment$2,185.11$2,185.11$3,271.49
2nd payment$0.00$445.38$0.00
Taxes / mo$270.17$270.17$270.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$170.00$170.00$170.00
Total monthly$2,791.94$3,237.32$3,972.83
Cash to close$71,256$26,250$52,500