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$266,919$266,919$319,500
Remaining term (yrs)26.826.830.0
Secondary amount$0$52,581$0
Funding fee$0$0$0
Note rate6.710%6.710%7.400%
Blended rate7.260%7.546%7.640%
1st payment$1,787.71$1,787.71$2,212.15
2nd payment$0.00$394.36$0.00
Taxes / mo$95.92$95.92$95.92
Insurance / mo$150.00$150.00$150.00
MI / mo$126.85$126.85$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,160.47$2,554.83$2,521.97
Cash to close$88,081$35,500$35,500