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$416,697$396,000
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$2,083$0
Note rate6.160%7.400%
Blended rate6.160%7.640%
1st payment$2,561.48$2,741.82
2nd payment$0.00$0.00
Taxes / mo$65.33$65.33
Insurance / mo$150.00$150.00
MI / mo$0.00$79.20
HOA / mo$0.00$0.00
Total monthly$2,776.81$3,036.35
Cash to close$23,303$44,000