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$305,905$305,905$360,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$54,095$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%4.539%7.640%
1st payment$1,428.31$1,428.31$2,492.57
2nd payment$0.00$405.71$0.00
Taxes / mo$222.50$222.50$222.50
Insurance / mo$150.00$150.00$150.00
MI / mo$243.07$243.07$72.00
HOA / mo$146.00$146.00$146.00
Total monthly$2,189.87$2,595.58$3,083.07
Cash to close$94,095$40,000$40,000