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$184,686$184,686$607,500
Remaining term (yrs)22.022.030.0
Secondary amount$0$422,814$0
Funding fee$0$0$0
Note rate4.550%4.550%7.400%
Blended rate5.400%7.036%7.640%
1st payment$1,105.95$1,105.95$4,206.21
2nd payment$0.00$2,730.67$0.00
Taxes / mo$125.58$125.58$125.58
Insurance / mo$166.67$166.67$166.67
MI / mo$153.71$153.71$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,551.90$4,282.58$4,619.96
Cash to close$490,314$67,500$67,500