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$534,234$526,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$2,671$0
Note rate6.740%7.400%
Blended rate6.740%7.640%
1st payment$3,498.84$3,645.38
2nd payment$0.00$0.00
Taxes / mo$9.42$9.42
Insurance / mo$166.67$166.67
MI / mo$0.00$105.30
HOA / mo$265.00$265.00
Total monthly$3,939.92$4,191.76
Cash to close$50,766$58,500