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$313,413$313,413$369,000
Remaining term (yrs)29.529.530.0
Secondary amount$0$55,587$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.344%7.640%
1st payment$1,990.08$1,990.08$2,554.88
2nd payment$0.00$416.90$0.00
Taxes / mo$69.40$69.40$69.40
Insurance / mo$150.00$150.00$150.00
MI / mo$144.31$144.31$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,353.79$2,770.69$2,848.08
Cash to close$96,587$41,000$41,000