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$252,012$252,012$393,999
Remaining term (yrs)25.525.530.0
Secondary amount$0$141,987$0
Funding fee$1,260$1,260$0
Note rate4.170%4.170%7.400%
Blended rate4.170%5.550%7.640%
1st payment$1,334.04$1,334.04$2,727.97
2nd payment$0.00$946.58$0.00
Taxes / mo$123.92$123.92$123.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.80
HOA / mo$2.08$2.08$2.08
Total monthly$1,610.04$2,556.62$3,082.77
Cash to close$185,765$43,778$43,778