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$131,360$131,360$413,100
Remaining term (yrs)19.819.830.0
Secondary amount$0$281,740$0
Funding fee$657$657$0
Note rate3.570%3.570%7.400%
Blended rate3.570%6.421%7.640%
1st payment$768.77$768.77$2,860.22
2nd payment$0.00$1,819.57$0.00
Taxes / mo$89.08$89.08$89.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,024.52$2,844.09$3,198.59
Cash to close$327,640$45,900$45,900