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$144,105$144,105$225,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$80,895$0
Funding fee$721$721$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.984%7.640%
1st payment$671.15$671.15$1,557.85
2nd payment$0.00$606.71$0.00
Taxes / mo$82.33$82.33$82.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$903.48$1,510.19$1,835.19
Cash to close$105,895$25,000$25,000