Phillips Property Group - The Brokery
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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$123,153$123,153$202,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$79,347$0
Funding fee$616$616$0
Note rate3.130%3.130%7.400%
Blended rate3.130%5.430%7.640%
1st payment$608.68$608.68$1,402.07
2nd payment$0.00$595.10$0.00
Taxes / mo$26.58$26.58$26.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$50.42$50.42$50.42
Total monthly$835.68$1,430.79$1,669.57
Cash to close$101,847$22,500$22,500