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$387,204$387,204$517,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$130,296$0
Funding fee$1,936$1,936$0
Note rate2.910%2.910%7.400%
Blended rate2.910%4.192%7.640%
1st payment$1,865.24$1,865.24$3,583.07
2nd payment$0.00$868.64$0.00
Taxes / mo$189.75$189.75$189.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$79.00$79.00$79.00
Total monthly$2,300.66$3,169.30$4,121.98
Cash to close$187,796$57,500$57,500