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$88,348$88,348$292,500
Remaining term (yrs)18.318.330.0
Secondary amount$0$204,152$0
Funding fee$442$442$0
Note rate3.930%3.930%7.400%
Blended rate3.930%6.596%7.640%
1st payment$562.36$562.36$2,025.21
2nd payment$0.00$1,318.48$0.00
Taxes / mo$117.75$117.75$117.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$830.11$2,148.59$2,351.46
Cash to close$236,652$32,500$32,500