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$587,421$562,500
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$2,937$0
Note rate6.840%7.400%
Blended rate6.840%7.640%
1st payment$3,915.16$3,894.64
2nd payment$0.00$0.00
Taxes / mo$273.42$273.42
Insurance / mo$166.67$166.67
MI / mo$0.00$112.50
HOA / mo$132.00$132.00
Total monthly$4,487.24$4,579.22
Cash to close$37,579$62,500