Phillips Property Group - The Brokery
Contact

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$466,364$466,364$634,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$168,046$0
Funding fee$2,332$2,332$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.229%7.640%
1st payment$2,180.15$2,180.15$4,392.53
2nd payment$0.00$1,120.31$0.00
Taxes / mo$171.75$171.75$171.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$126.88
HOA / mo$145.00$145.00$145.00
Total monthly$2,713.56$3,833.87$5,052.83
Cash to close$238,536$70,490$70,490