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$383,976$383,976$400,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$38,774$0
Funding fee$0$0$0
Note rate6.440%6.440%7.400%
Blended rate6.990%7.438%7.640%
1st payment$2,466.93$2,466.93$2,772.98
2nd payment$0.00$383.70$0.00
Taxes / mo$211.83$211.83$211.83
Insurance / mo$150.00$150.00$150.00
MI / mo$180.01$180.01$80.10
HOA / mo$111.00$111.00$111.00
Total monthly$3,119.77$3,503.48$3,325.91
Cash to close$61,024$22,250$44,500