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$313,444$313,444$378,000
Remaining term (yrs)26.126.130.0
Secondary amount$0$64,556$0
Funding fee$0$0$0
Note rate6.900%6.900%7.400%
Blended rate7.750%7.963%7.640%
1st payment$2,156.64$2,156.64$2,617.20
2nd payment$0.00$484.17$0.00
Taxes / mo$88.33$88.33$88.33
Insurance / mo$150.00$150.00$150.00
MI / mo$231.95$231.95$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,626.92$3,111.09$2,931.13
Cash to close$106,556$42,000$42,000