Phillips Property Group - The Brokery
Call Dylan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$456,401$400,365
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$3,005.76$2,772.05
2nd payment$0.00$0.00
Taxes / mo$182.58$182.58
Insurance / mo$150.00$150.00
MI / mo$217.96$80.07
HOA / mo$132.00$132.00
Total monthly$3,688.30$3,316.70
Cash to close$0$44,485