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$428,672$428,672$539,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$111,238$0
Funding fee$0$0$0
Note rate6.610%6.610%7.400%
Blended rate7.160%7.333%7.640%
1st payment$2,824.83$2,824.83$3,738.23
2nd payment$0.00$741.59$0.00
Taxes / mo$214.42$214.42$214.42
Insurance / mo$166.67$166.67$166.67
MI / mo$202.51$202.51$107.98
HOA / mo$300.00$300.00$300.00
Total monthly$3,708.42$4,450.01$4,527.29
Cash to close$171,228$59,990$59,990