Phillips Property Group - The Brokery
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$479,964$454,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.400%
Blended rate7.430%7.640%
1st payment$3,240.16$3,146.87
2nd payment$0.00$0.00
Taxes / mo$154.42$154.42
Insurance / mo$166.67$166.67
MI / mo$225.95$90.90
HOA / mo$0.00$0.00
Total monthly$3,787.19$3,558.85
Cash to close$25,036$50,500