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$80,950$80,950$319,500
Remaining term (yrs)15.315.330.0
Secondary amount$0$238,550$0
Funding fee$405$405$0
Note rate3.960%3.960%7.400%
Blended rate3.960%6.790%7.640%
1st payment$585.34$585.34$2,212.15
2nd payment$0.00$1,540.64$0.00
Taxes / mo$101.71$101.71$101.71
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$89.00$89.00$89.00
Total monthly$926.04$2,466.68$2,616.76
Cash to close$274,050$35,500$35,500