Phillips Property Group - The Brokery
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$333,300$288,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.400%
Blended rate7.220%7.640%
1st payment$2,223.73$1,994.05
2nd payment$0.00$0.00
Taxes / mo$119.67$119.67
Insurance / mo$150.00$150.00
MI / mo$158.44$57.60
HOA / mo$45.00$45.00
Total monthly$2,696.83$2,366.32
Cash to close$0$32,000