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$125,657$125,657$495,000
Remaining term (yrs)15.815.830.0
Secondary amount$0$369,343$0
Funding fee$628$628$0
Note rate3.780%3.780%7.400%
Blended rate3.780%6.742%7.640%
1st payment$876.53$876.53$3,427.28
2nd payment$0.00$2,385.34$0.00
Taxes / mo$184.92$184.92$184.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$97.00$97.00$97.00
Total monthly$1,325.12$3,710.46$3,974.86
Cash to close$424,343$55,000$55,000