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$134,312$134,312$211,499
Remaining term (yrs)22.722.730.0
Secondary amount$0$77,187$0
Funding fee$672$672$0
Note rate3.260%3.260%7.400%
Blended rate3.260%5.355%7.640%
1st payment$695.69$695.69$1,464.38
2nd payment$0.00$578.90$0.00
Taxes / mo$63.42$63.42$63.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.30
HOA / mo$300.00$300.00$300.00
Total monthly$1,209.11$1,788.01$2,020.09
Cash to close$100,687$23,500$23,500