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$513,617$494,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.400%
Blended rate6.940%7.640%
1st payment$3,338.83$3,426.66
2nd payment$0.00$0.00
Taxes / mo$138.25$138.25
Insurance / mo$166.67$166.67
MI / mo$244.91$98.98
HOA / mo$0.00$0.00
Total monthly$3,888.65$3,830.56
Cash to close$36,283$54,990