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
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$167,064$167,064$350,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$183,036$0
Funding fee$835$835$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.523%7.640%
1st payment$781.23$781.23$2,424.02
2nd payment$0.00$1,220.24$0.00
Taxes / mo$128.00$128.00$128.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$185.00$185.00$185.00
Total monthly$1,244.23$2,464.47$2,957.04
Cash to close$221,936$38,900$38,900