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
Current Market Conventional
New · Conventional
Loan amount$351,012$354,600
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$1,755$0
Note rate6.480%7.400%
Blended rate6.480%7.640%
1st payment$2,312.67$2,455.18
2nd payment$0.00$0.00
Taxes / mo$166.25$166.25
Insurance / mo$150.00$150.00
MI / mo$0.00$70.92
HOA / mo$100.00$100.00
Total monthly$2,728.92$2,942.35
Cash to close$42,988$39,400