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
Current Market Conventional
New · Conventional
Loan amount$460,101$448,200
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,301$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,970.72$3,103.25
2nd payment$0.00$0.00
Taxes / mo$245.08$245.08
Insurance / mo$166.67$166.67
MI / mo$0.00$89.64
HOA / mo$110.33$110.33
Total monthly$3,492.80$3,714.97
Cash to close$37,899$49,800