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$164,180$164,180$269,910
Remaining term (yrs)28.028.030.0
Secondary amount$0$105,730$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.422%7.640%
1st payment$1,061.16$1,061.16$1,868.80
2nd payment$0.00$704.87$0.00
Taxes / mo$86.50$86.50$86.50
Insurance / mo$150.00$150.00$150.00
MI / mo$76.95$76.95$53.98
HOA / mo$8.00$8.00$8.00
Total monthly$1,382.61$2,087.47$2,167.28
Cash to close$135,720$29,990$29,990