Phillips Property Group - The Brokery
Call Dylan

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$357,470$319,500
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$2,391.83$2,212.15
2nd payment$0.00$0.00
Taxes / mo$137.00$137.00
Insurance / mo$150.00$150.00
MI / mo$167.30$63.90
HOA / mo$85.33$85.33
Total monthly$2,931.47$2,648.38
Cash to close$0$35,500