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$135,610$135,610$358,200
Remaining term (yrs)23.823.830.0
Secondary amount$0$222,590$0
Funding fee$678$678$0
Note rate2.910%2.910%7.400%
Blended rate2.910%5.918%7.640%
1st payment$656.41$656.41$2,480.10
2nd payment$0.00$1,437.56$0.00
Taxes / mo$37.01$37.01$37.01
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.64
HOA / mo$0.00$0.00$0.00
Total monthly$843.41$2,280.97$2,738.75
Cash to close$262,390$39,800$39,800