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$267,439$267,439$431,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$164,471$0
Funding fee$1,337$1,337$0
Note rate3.210%3.210%7.400%
Blended rate3.210%5.034%7.640%
1st payment$1,339.17$1,339.17$2,990.46
2nd payment$0.00$1,096.47$0.00
Taxes / mo$148.92$148.92$148.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$405.00$405.00$405.00
Total monthly$2,059.75$3,156.22$3,797.42
Cash to close$212,461$47,990$47,990