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
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$421,210$421,210$585,000
Remaining term (yrs)28.028.030.0
Secondary amount$0$163,790$0
Funding fee$2,106$2,106$0
Note rate6.090%6.090%7.400%
Blended rate6.090%6.625%7.640%
1st payment$2,609.05$2,609.05$4,050.42
2nd payment$0.00$1,091.93$0.00
Taxes / mo$183.50$183.50$183.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,959.22$4,051.15$4,517.59
Cash to close$228,790$65,000$65,000