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$259,853$259,853$283,500
Remaining term (yrs)28.528.530.0
Secondary amount$0$39,397$0
Funding fee$0$0$0
Note rate6.640%6.640%7.400%
Blended rate7.190%7.807%7.640%
1st payment$1,692.91$1,692.91$1,962.90
2nd payment$0.00$389.87$0.00
Taxes / mo$94.83$94.83$94.83
Insurance / mo$150.00$150.00$150.00
MI / mo$120.99$120.99$56.70
HOA / mo$66.67$66.67$66.67
Total monthly$2,125.41$2,515.28$2,331.10
Cash to close$55,147$15,750$31,500