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$266,760$266,760$301,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$34,740$0
Funding fee$0$0$0
Note rate7.060%7.060%7.400%
Blended rate7.610%8.036%7.640%
1st payment$1,825.21$1,825.21$2,087.53
2nd payment$0.00$260.55$0.00
Taxes / mo$72.67$72.67$72.67
Insurance / mo$150.00$150.00$150.00
MI / mo$193.16$193.16$60.30
HOA / mo$50.00$50.00$50.00
Total monthly$2,291.04$2,551.59$2,420.49
Cash to close$68,240$33,500$33,500