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$358,173$340,200
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.400%
Blended rate7.120%7.640%
1st payment$2,369.40$2,355.48
2nd payment$0.00$0.00
Taxes / mo$140.08$140.08
Insurance / mo$150.00$150.00
MI / mo$170.57$68.04
HOA / mo$52.00$52.00
Total monthly$2,882.05$2,765.60
Cash to close$19,827$37,800