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$470,354$470,354$719,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$248,746$0
Funding fee$2,352$2,352$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.493%7.640%
1st payment$2,200.20$2,200.20$4,978.90
2nd payment$0.00$1,606.48$0.00
Taxes / mo$440.75$440.75$440.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$125.00$125.00$125.00
Total monthly$2,982.62$4,589.10$5,905.14
Cash to close$328,646$79,900$79,900