Phillips Property Group - The Brokery
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$409,004$352,800
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,045$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$2,707.60$2,442.72
2nd payment$0.00$0.00
Taxes / mo$132.92$132.92
Insurance / mo$150.00$150.00
MI / mo$0.00$70.56
HOA / mo$56.83$56.83
Total monthly$3,047.35$2,853.02
Cash to close$0$39,200