Phillips Property Group - The Brokery
Call Dylan

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$378,989$378,989$892,662
Remaining term (yrs)23.723.730.0
Secondary amount$0$513,674$0
Funding fee$1,895$1,895$0
Note rate3.240%3.240%7.400%
Blended rate3.240%5.835%7.640%
1st payment$1,903.67$1,903.67$6,180.61
2nd payment$0.00$3,317.47$0.00
Taxes / mo$551.83$551.83$551.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.53
HOA / mo$0.00$0.00$0.00
Total monthly$2,672.17$5,989.65$7,127.65
Cash to close$612,858$99,185$99,185