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$304,578$304,578$315,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$27,922$0
Funding fee$0$0$0
Note rate5.220%5.220%7.400%
Blended rate6.070%6.557%7.640%
1st payment$1,783.25$1,783.25$2,181.00
2nd payment$0.00$276.31$0.00
Taxes / mo$65.33$65.33$65.33
Insurance / mo$150.00$150.00$150.00
MI / mo$229.52$229.52$63.00
HOA / mo$124.00$124.00$124.00
Total monthly$2,352.09$2,628.41$2,583.33
Cash to close$45,422$17,500$35,000