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$368,834$368,834$598,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$229,666$0
Funding fee$1,844$1,844$0
Note rate3.030%3.030%7.400%
Blended rate3.030%4.841%7.640%
1st payment$1,803.82$1,803.82$4,143.89
2nd payment$0.00$1,483.26$0.00
Taxes / mo$187.17$187.17$187.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,157.65$3,640.91$4,617.43
Cash to close$296,166$66,500$66,500