Phillips Property Group - The Brokery
Call Dylan

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 · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$437,565$437,565$449,100
Remaining term (yrs)29.329.330.0
Secondary amount$0$36,485$0
Funding fee$0$0$0
Note rate6.180%6.180%7.400%
Blended rate6.730%7.126%7.640%
1st payment$2,692.68$2,692.68$3,109.48
2nd payment$0.00$361.05$0.00
Taxes / mo$152.42$152.42$152.42
Insurance / mo$166.67$166.67$166.67
MI / mo$201.93$201.93$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,213.70$3,574.75$3,518.38
Cash to close$61,435$24,950$49,900