Drew Bell

(928) 563-4564
https://www.instagram.com/bellpropertiesrealestate/https://www.facebook.com/bellprop/
Bell Properties - My Home Group
Call Drew

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 · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$286,836$286,836$297,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$26,664$0
Funding fee$0$0$0
Note rate5.220%5.220%7.400%
Blended rate6.070%6.564%7.640%
1st payment$1,679.37$1,679.37$2,056.37
2nd payment$0.00$263.86$0.00
Taxes / mo$123.58$123.58$123.58
Insurance / mo$150.00$150.00$150.00
MI / mo$216.15$216.15$59.40
HOA / mo$98.33$98.33$98.33
Total monthly$2,267.43$2,531.29$2,487.68
Cash to close$43,164$16,500$33,000