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$15,201$15,201$224,100
Remaining term (yrs)2.02.030.0
Secondary amount$0$208,899$0
Funding fee$0$0$0
Note rate3.490%3.490%7.400%
Blended rate4.340%7.519%7.640%
1st payment$631.30$631.30$1,551.62
2nd payment$0.00$1,349.14$0.00
Taxes / mo$97.08$97.08$97.08
Insurance / mo$150.00$150.00$150.00
MI / mo$62.59$62.59$44.82
HOA / mo$305.00$305.00$305.00
Total monthly$1,245.98$2,595.12$2,148.53
Cash to close$233,799$24,900$24,900