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$119,826$119,826$269,910
Remaining term (yrs)20.020.030.0
Secondary amount$0$150,084$0
Funding fee$0$0$0
Note rate3.440%3.440%7.400%
Blended rate4.290%6.353%7.640%
1st payment$689.26$689.26$1,868.80
2nd payment$0.00$1,000.56$0.00
Taxes / mo$88.00$88.00$88.00
Insurance / mo$150.00$150.00$150.00
MI / mo$109.54$109.54$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,036.80$2,037.36$2,160.78
Cash to close$180,074$29,990$29,990