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$236,189$236,189$373,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$137,311$0
Funding fee$0$0$0
Note rate2.875%2.875%7.400%
Blended rate3.725%5.297%7.640%
1st payment$1,112.37$1,112.37$2,586.04
2nd payment$0.00$915.41$0.00
Taxes / mo$89.67$89.67$89.67
Insurance / mo$0.00$0.00$0.00
MI / mo$189.91$189.91$74.70
HOA / mo$296.00$296.00$296.00
Total monthly$1,687.95$2,603.36$3,046.41
Cash to close$178,811$41,500$41,500