Phillips Property Group - The Brokery
Call Dylan

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$187,383$187,383$346,500
Remaining term (yrs)20.820.830.0
Secondary amount$0$159,117$0
Funding fee$937$937$0
Note rate4.030%4.030%7.400%
Blended rate4.030%5.853%7.640%
1st payment$1,106.06$1,106.06$2,399.10
2nd payment$0.00$1,060.78$0.00
Taxes / mo$174.00$174.00$174.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$127.00$127.00$127.00
Total monthly$1,557.06$2,617.84$2,919.40
Cash to close$197,617$38,500$38,500