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$259,257$224,910
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.400%
Blended rate7.420%7.640%
1st payment$1,750.29$1,557.23
2nd payment$0.00$0.00
Taxes / mo$120.42$120.42
Insurance / mo$150.00$150.00
MI / mo$122.18$44.98
HOA / mo$45.00$45.00
Total monthly$2,187.89$1,917.63
Cash to close$0$24,990