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$152,471$152,471$291,399
Remaining term (yrs)24.324.330.0
Secondary amount$0$138,928$0
Funding fee$762$762$0
Note rate2.770%2.770%7.400%
Blended rate2.770%5.263%7.640%
1st payment$716.62$716.62$2,017.59
2nd payment$0.00$926.19$0.00
Taxes / mo$89.25$89.25$89.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.28
HOA / mo$295.00$295.00$295.00
Total monthly$1,250.87$2,177.06$2,610.12
Cash to close$171,306$32,378$32,378