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$312,368$312,368$408,600
Remaining term (yrs)28.028.030.0
Secondary amount$0$96,232$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.509%7.640%
1st payment$2,016.85$2,016.85$2,829.06
2nd payment$0.00$721.74$0.00
Taxes / mo$63.17$63.17$63.17
Insurance / mo$166.67$166.67$166.67
MI / mo$146.25$146.25$81.72
HOA / mo$0.00$0.00$0.00
Total monthly$2,392.94$3,114.68$3,140.62
Cash to close$141,632$45,400$45,400