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$276,435$276,435$382,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$106,065$0
Funding fee$1,382$1,382$0
Note rate3.020%3.020%7.400%
Blended rate3.020%4.401%7.640%
1st payment$1,316.71$1,316.71$2,648.35
2nd payment$0.00$707.10$0.00
Taxes / mo$202.58$202.58$202.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,669.29$2,376.39$3,077.44
Cash to close$148,565$42,500$42,500