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$419,378$416,700
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,097$0
Note rate5.250%7.400%
Blended rate5.250%7.640%
1st payment$2,381.78$2,885.15
2nd payment$0.00$0.00
Taxes / mo$152.92$152.92
Insurance / mo$166.67$166.67
MI / mo$0.00$83.34
HOA / mo$0.00$0.00
Total monthly$2,701.36$3,288.07
Cash to close$43,622$46,300