Phillips Property Group - The Brokery
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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$357,905$346,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$2,302.20$2,399.10
2nd payment$0.00$0.00
Taxes / mo$143.25$143.25
Insurance / mo$150.00$150.00
MI / mo$171.01$69.30
HOA / mo$70.00$70.00
Total monthly$2,836.46$2,831.65
Cash to close$27,095$38,500