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$106,448$106,448$312,300
Remaining term (yrs)20.020.030.0
Secondary amount$0$205,852$0
Funding fee$532$532$0
Note rate3.460%3.460%7.400%
Blended rate3.460%6.288%7.640%
1st payment$613.40$613.40$2,162.30
2nd payment$0.00$1,329.46$0.00
Taxes / mo$84.50$84.50$84.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.46
HOA / mo$0.00$0.00$0.00
Total monthly$847.90$2,177.36$2,459.26
Cash to close$240,552$34,700$34,700