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$239,595$239,595$256,500
Remaining term (yrs)27.627.630.0
Secondary amount$0$31,155$0
Funding fee$0$0$0
Note rate6.990%6.990%7.400%
Blended rate7.540%8.039%7.640%
1st payment$1,631.48$1,631.48$1,775.95
2nd payment$0.00$308.31$0.00
Taxes / mo$92.42$92.42$92.42
Insurance / mo$150.00$150.00$150.00
MI / mo$112.51$112.51$51.30
HOA / mo$153.00$153.00$153.00
Total monthly$2,139.40$2,447.71$2,222.67
Cash to close$45,405$14,250$28,500