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$321,710$321,710$355,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$33,790$0
Funding fee$1,609$1,609$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.738%7.640%
1st payment$2,077.17$2,077.17$2,461.41
2nd payment$0.00$253.43$0.00
Taxes / mo$159.75$159.75$159.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$132.00$132.00$132.00
Total monthly$2,518.92$2,772.35$2,974.26
Cash to close$73,290$39,500$39,500