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$173,617$173,617$467,991
Remaining term (yrs)18.518.530.0
Secondary amount$0$294,374$0
Funding fee$868$868$0
Note rate3.180%3.180%7.400%
Blended rate3.180%6.055%7.640%
1st payment$1,028.74$1,028.74$3,240.28
2nd payment$0.00$1,901.17$0.00
Taxes / mo$155.75$155.75$155.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$106.00$106.00$106.00
Total monthly$1,457.16$3,358.32$3,762.29
Cash to close$346,373$51,999$51,999