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$475,765$435,150
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$2,379$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,065.53$3,012.89
2nd payment$0.00$0.00
Taxes / mo$179.33$179.33
Insurance / mo$166.67$166.67
MI / mo$0.00$87.03
HOA / mo$225.00$225.00
Total monthly$3,636.53$3,670.92
Cash to close$7,735$48,350