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$168,558$168,558$310,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$141,942$0
Funding fee$843$843$0
Note rate3.750%3.750%7.400%
Blended rate3.750%5.693%7.640%
1st payment$904.17$904.17$2,149.84
2nd payment$0.00$946.28$0.00
Taxes / mo$147.00$147.00$147.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$304.00$304.00$304.00
Total monthly$1,505.17$2,451.45$2,812.94
Cash to close$176,442$34,500$34,500