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$526,731$513,000
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$2,634$0
Note rate6.660%7.400%
Blended rate6.660%7.640%
1st payment$3,547.30$3,551.91
2nd payment$0.00$0.00
Taxes / mo$187.50$187.50
Insurance / mo$166.67$166.67
MI / mo$0.00$102.60
HOA / mo$89.00$89.00
Total monthly$3,990.47$4,097.68
Cash to close$43,269$57,000