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$330,349$330,349$764,100
Remaining term (yrs)10.410.430.0
Secondary amount$0$433,751$0
Funding fee$1,652$1,652$0
Note rate3.010%3.010%7.400%
Blended rate3.010%5.701%7.640%
1st payment$3,040.68$3,040.68$5,290.47
2nd payment$0.00$2,801.31$0.00
Taxes / mo$267.67$267.67$267.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$32.00$32.00$32.00
Total monthly$3,557.01$6,358.32$5,959.63
Cash to close$518,651$84,900$84,900