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$295,190$295,190$369,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$73,810$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%4.776%7.640%
1st payment$1,379.95$1,379.95$2,554.88
2nd payment$0.00$553.57$0.00
Taxes / mo$118.92$118.92$118.92
Insurance / mo$150.00$150.00$150.00
MI / mo$235.75$235.75$73.80
HOA / mo$70.00$70.00$70.00
Total monthly$1,954.61$2,508.18$2,967.60
Cash to close$114,810$41,000$41,000