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
Current Market Conventional
New · Conventional
Loan amount$493,370$472,410
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$2,467$0
Note rate5.220%7.400%
Blended rate5.220%7.640%
1st payment$2,892.94$3,270.87
2nd payment$0.00$0.00
Taxes / mo$147.17$147.17
Insurance / mo$166.67$166.67
MI / mo$0.00$94.48
HOA / mo$84.00$84.00
Total monthly$3,290.78$3,763.19
Cash to close$31,530$52,490