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$176,512$176,512$288,000
Remaining term (yrs)27.127.130.0
Secondary amount$0$111,488$0
Funding fee$0$0$0
Note rate7.620%7.620%7.400%
Blended rate8.170%8.104%7.640%
1st payment$1,282.73$1,282.73$1,994.05
2nd payment$0.00$743.25$0.00
Taxes / mo$101.58$101.58$101.58
Insurance / mo$150.00$150.00$150.00
MI / mo$83.10$83.10$57.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,617.42$2,360.67$2,303.24
Cash to close$143,488$32,000$32,000