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$133,868$133,868$315,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$181,132$0
Funding fee$669$669$0
Note rate3.130%3.130%7.400%
Blended rate3.130%5.930%7.640%
1st payment$661.64$661.64$2,181.00
2nd payment$0.00$1,207.55$0.00
Taxes / mo$137.67$137.67$137.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$356.00$356.00$356.00
Total monthly$1,305.31$2,512.85$2,887.66
Cash to close$216,132$35,000$35,000