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$172,047$172,047$382,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$210,453$0
Funding fee$860$860$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.924%7.640%
1st payment$919.44$919.44$2,648.35
2nd payment$0.00$1,359.18$0.00
Taxes / mo$103.33$103.33$103.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$126.00$126.00$126.00
Total monthly$1,298.77$2,657.95$3,104.19
Cash to close$252,953$42,500$42,500