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 · FHA
Current Market Conventional
New · Conventional
Loan amount$299,973$283,410
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.400%
Blended rate7.540%7.640%
1st payment$2,042.61$1,962.27
2nd payment$0.00$0.00
Taxes / mo$102.50$102.50
Insurance / mo$150.00$150.00
MI / mo$140.86$56.68
HOA / mo$0.00$0.00
Total monthly$2,435.97$2,271.46
Cash to close$14,927$31,490