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$257,186$211,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.610%7.400%
Blended rate7.460%7.640%
1st payment$1,719.78$1,464.38
2nd payment$0.00$0.00
Taxes / mo$55.17$55.17
Insurance / mo$150.00$150.00
MI / mo$190.54$42.30
HOA / mo$0.00$0.00
Total monthly$2,115.48$1,711.85
Cash to close$0$23,500