Phillips Property Group - The Brokery
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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$528,692$508,500
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$3,423.75$3,520.75
2nd payment$0.00$0.00
Taxes / mo$27.92$27.92
Insurance / mo$166.67$166.67
MI / mo$247.24$101.70
HOA / mo$167.00$167.00
Total monthly$4,032.57$3,984.03
Cash to close$36,308$56,500