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$357,820$346,950
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.430%7.400%
Blended rate6.980%7.640%
1st payment$2,335.14$2,402.21
2nd payment$0.00$0.00
Taxes / mo$140.08$140.08
Insurance / mo$150.00$150.00
MI / mo$170.57$69.39
HOA / mo$52.67$52.67
Total monthly$2,848.46$2,814.36
Cash to close$27,680$38,550