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$229,370$229,370$310,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$81,130$0
Funding fee$0$0$0
Note rate3.020%3.020%7.400%
Blended rate3.870%5.210%7.640%
1st payment$1,120.57$1,120.57$2,149.84
2nd payment$0.00$608.47$0.00
Taxes / mo$157.42$157.42$157.42
Insurance / mo$150.00$150.00$150.00
MI / mo$187.79$187.79$62.10
HOA / mo$92.00$92.00$92.00
Total monthly$1,707.77$2,316.25$2,611.36
Cash to close$115,630$34,500$34,500