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$89,141$89,141$359,910
Remaining term (yrs)13.113.130.0
Secondary amount$0$270,769$0
Funding fee$446$446$0
Note rate5.530%5.530%7.400%
Blended rate5.530%7.200%7.640%
1st payment$792.13$792.13$2,491.94
2nd payment$0.00$1,748.71$0.00
Taxes / mo$58.17$58.17$58.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,000.30$2,749.01$2,772.09
Cash to close$310,759$39,990$39,990