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$327,061$327,061$418,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$91,439$0
Funding fee$1,635$1,635$0
Note rate2.910%2.910%7.400%
Blended rate2.910%4.241%7.640%
1st payment$1,575.52$1,575.52$2,897.61
2nd payment$0.00$685.79$0.00
Taxes / mo$295.75$295.75$295.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$144.67$144.67$144.67
Total monthly$2,182.61$2,868.40$3,588.40
Cash to close$137,939$46,500$46,500