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$492,957$459,000
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$2,465$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,160.34$3,178.02
2nd payment$0.00$0.00
Taxes / mo$132.67$132.67
Insurance / mo$166.67$166.67
MI / mo$0.00$91.80
HOA / mo$0.00$0.00
Total monthly$3,459.67$3,569.16
Cash to close$17,043$51,000