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$867,494$787,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$4,337$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$5,545.13$5,452.49
2nd payment$0.00$0.00
Taxes / mo$156.08$156.08
Insurance / mo$216.67$216.67
MI / mo$0.00$157.50
HOA / mo$76.67$76.67
Total monthly$5,994.55$6,059.41
Cash to close$7,506$87,500