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
Current Market Conventional
New · Conventional
Loan amount$477,896$472,500
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,389$0
Note rate6.650%7.400%
Blended rate6.650%7.640%
1st payment$3,113.53$3,271.49
2nd payment$0.00$0.00
Taxes / mo$78.00$78.00
Insurance / mo$166.67$166.67
MI / mo$0.00$94.50
HOA / mo$19.50$19.50
Total monthly$3,377.70$3,630.16
Cash to close$47,104$52,500