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$387,463$332,910
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$1,937$0
Note rate3.100%7.400%
Blended rate3.100%7.640%
1st payment$1,837.45$2,305.00
2nd payment$0.00$0.00
Taxes / mo$123.17$123.17
Insurance / mo$150.00$150.00
MI / mo$0.00$66.58
HOA / mo$71.00$71.00
Total monthly$2,181.62$2,715.75
Cash to close$0$36,990