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$511,960$463,499
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.400%
Blended rate6.640%7.640%
1st payment$3,171.18$3,209.17
2nd payment$0.00$0.00
Taxes / mo$243.25$243.25
Insurance / mo$166.67$166.67
MI / mo$240.10$92.70
HOA / mo$300.00$300.00
Total monthly$4,121.19$4,011.79
Cash to close$3,039$51,500