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$313,335$313,335$409,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$96,075$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%4.959%7.640%
1st payment$1,464.77$1,464.77$2,834.67
2nd payment$0.00$720.56$0.00
Taxes / mo$225.50$225.50$225.50
Insurance / mo$166.67$166.67$166.67
MI / mo$250.24$250.24$81.88
HOA / mo$119.00$119.00$119.00
Total monthly$2,226.18$2,946.74$3,427.72
Cash to close$141,565$45,490$45,490