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$155,083$155,083$445,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$290,417$0
Funding fee$0$0$0
Note rate2.740%2.740%7.400%
Blended rate3.590%6.302%7.640%
1st payment$724.79$724.79$3,084.55
2nd payment$0.00$1,875.61$0.00
Taxes / mo$61.50$61.50$61.50
Insurance / mo$166.67$166.67$166.67
MI / mo$125.92$125.92$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,078.88$2,954.48$3,401.82
Cash to close$339,917$49,500$49,500