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$341,503$341,503$360,000
Remaining term (yrs)26.926.930.0
Secondary amount$0$38,497$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.817%7.640%
1st payment$2,306.77$2,306.77$2,492.57
2nd payment$0.00$380.96$0.00
Taxes / mo$65.86$65.86$65.86
Insurance / mo$150.00$150.00$150.00
MI / mo$162.01$162.01$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,684.64$3,065.60$2,780.43
Cash to close$58,497$20,000$40,000