Phillips Property Group - The Brokery
Contact

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$393,114$369,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$1,966$0
Note rate6.820%7.400%
Blended rate6.820%7.640%
1st payment$2,635.78$2,554.88
2nd payment$0.00$0.00
Taxes / mo$135.75$135.75
Insurance / mo$150.00$150.00
MI / mo$0.00$73.80
HOA / mo$120.00$120.00
Total monthly$3,041.53$3,034.43
Cash to close$16,886$41,000