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$32,245$32,245$381,600
Remaining term (yrs)4.44.430.0
Secondary amount$0$349,355$0
Funding fee$161$161$0
Note rate3.010%3.010%7.400%
Blended rate3.010%7.349%7.640%
1st payment$639.23$639.23$2,642.12
2nd payment$0.00$2,256.25$0.00
Taxes / mo$133.33$133.33$133.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.32
HOA / mo$76.42$76.42$76.42
Total monthly$998.99$3,255.24$3,078.19
Cash to close$391,755$42,400$42,400