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$128,405$128,405$246,600
Remaining term (yrs)25.325.330.0
Secondary amount$0$118,195$0
Funding fee$642$642$0
Note rate3.110%3.110%7.400%
Blended rate3.110%5.454%7.640%
1st payment$609.61$609.61$1,707.41
2nd payment$0.00$787.97$0.00
Taxes / mo$38.42$38.42$38.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.32
HOA / mo$321.00$321.00$321.00
Total monthly$1,119.02$1,906.99$2,266.15
Cash to close$145,595$27,400$27,400