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$378,843$378,843$387,000
Remaining term (yrs)25.825.830.0
Secondary amount$0$29,657$0
Funding fee$0$0$0
Note rate5.520%5.520%7.400%
Blended rate6.370%6.770%7.640%
1st payment$2,292.85$2,292.85$2,679.51
2nd payment$0.00$293.48$0.00
Taxes / mo$138.75$138.75$138.75
Insurance / mo$150.00$150.00$150.00
MI / mo$285.41$285.41$77.40
HOA / mo$119.00$119.00$119.00
Total monthly$2,986.01$3,279.49$3,164.66
Cash to close$51,157$21,500$43,000