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$418,587$418,587$444,600
Remaining term (yrs)25.625.630.0
Secondary amount$0$26,013$0
Funding fee$2,093$2,093$0
Note rate4.670%4.670%7.400%
Blended rate4.670%4.923%7.640%
1st payment$2,330.93$2,330.93$3,078.32
2nd payment$0.00$195.09$0.00
Taxes / mo$133.25$133.25$133.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.92
HOA / mo$0.00$0.00$0.00
Total monthly$2,630.85$2,825.94$3,467.16
Cash to close$75,413$49,400$49,400