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
Current Market Conventional
New · Conventional
Loan amount$592,774$517,365
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$2,964$0
Note rate3.140%7.400%
Blended rate3.140%7.640%
1st payment$2,823.56$3,582.13
2nd payment$0.00$0.00
Taxes / mo$217.92$217.92
Insurance / mo$166.67$166.67
MI / mo$0.00$103.47
HOA / mo$175.00$175.00
Total monthly$3,383.14$4,245.19
Cash to close$0$57,485