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$170,326$170,326$351,000
Remaining term (yrs)16.116.130.0
Secondary amount$0$180,674$0
Funding fee$852$852$0
Note rate3.380%3.380%7.400%
Blended rate3.380%5.758%7.640%
1st payment$1,136.39$1,136.39$2,430.25
2nd payment$0.00$1,204.49$0.00
Taxes / mo$175.08$175.08$175.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,461.47$2,665.97$2,825.54
Cash to close$219,674$39,000$39,000