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$371,407$359,910
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,857$0
Note rate6.340%7.400%
Blended rate6.340%7.640%
1st payment$2,405.46$2,491.94
2nd payment$0.00$0.00
Taxes / mo$240.50$240.50
Insurance / mo$150.00$150.00
MI / mo$0.00$71.98
HOA / mo$69.00$69.00
Total monthly$2,864.96$3,023.43
Cash to close$28,493$39,990