Phillips Property Group - The Brokery
Contact

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$365,939$359,999
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.220%7.400%
Blended rate7.770%7.640%
1st payment$2,544.93$2,492.56
2nd payment$0.00$0.00
Taxes / mo$97.00$97.00
Insurance / mo$150.00$150.00
MI / mo$171.50$72.00
HOA / mo$0.00$0.00
Total monthly$2,963.43$2,811.56
Cash to close$34,060$40,000