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$183,898$183,898$337,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$153,602$0
Funding fee$919$919$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.172%7.640%
1st payment$864.00$864.00$2,336.78
2nd payment$0.00$1,024.01$0.00
Taxes / mo$110.50$110.50$110.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,124.50$2,148.51$2,664.78
Cash to close$191,102$37,500$37,500