Phillips Property Group - The Brokery
Call Dylan

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$70,899$70,899$342,000
Remaining term (yrs)7.17.130.0
Secondary amount$0$271,101$0
Funding fee$354$354$0
Note rate6.010%6.010%7.400%
Blended rate6.010%7.389%7.640%
1st payment$1,007.33$1,007.33$2,367.94
2nd payment$0.00$1,750.86$0.00
Taxes / mo$142.50$142.50$142.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$139.00$139.00$139.00
Total monthly$1,438.83$3,189.70$2,867.84
Cash to close$309,101$38,000$38,000