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$221,181$221,181$369,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$147,819$0
Funding fee$0$0$0
Note rate3.020%3.020%7.400%
Blended rate3.870%5.524%7.640%
1st payment$1,075.49$1,075.49$2,554.88
2nd payment$0.00$985.46$0.00
Taxes / mo$174.92$174.92$174.92
Insurance / mo$150.00$150.00$150.00
MI / mo$180.23$180.23$73.80
HOA / mo$58.67$58.67$58.67
Total monthly$1,639.31$2,624.77$3,012.27
Cash to close$188,819$41,000$41,000