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 · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$9,915$9,915$328,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$318,585$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.734%7.640%
1st payment$68.09$68.09$2,274.47
2nd payment$0.00$2,057.53$0.00
Taxes / mo$41.00$41.00$41.00
Insurance / mo$150.00$150.00$150.00
MI / mo$4.74$4.74$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$263.83$2,321.36$2,531.17
Cash to close$355,085$36,500$36,500