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
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$211,293$211,293$377,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$165,807$0
Funding fee$1,056$1,056$0
Note rate3.070%3.070%7.400%
Blended rate3.070%5.238%7.640%
1st payment$1,000.85$1,000.85$2,610.96
2nd payment$0.00$1,105.38$0.00
Taxes / mo$188.50$188.50$188.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.42
HOA / mo$92.00$92.00$92.00
Total monthly$1,431.35$2,536.73$3,116.88
Cash to close$207,707$41,900$41,900