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$52,479$52,479$243,000
Remaining term (yrs)3.13.130.0
Secondary amount$0$190,521$0
Funding fee$262$262$0
Note rate3.180%3.180%7.400%
Blended rate3.180%6.959%7.640%
1st payment$1,418.12$1,418.12$1,682.48
2nd payment$0.00$1,270.14$0.00
Taxes / mo$110.08$110.08$110.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$63.00$63.00$63.00
Total monthly$1,741.21$3,011.35$2,054.17
Cash to close$217,521$27,000$27,000