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$254,511$254,511$409,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$154,989$0
Funding fee$0$0$0
Note rate3.700%3.700%7.400%
Blended rate4.550%5.856%7.640%
1st payment$1,355.38$1,355.38$2,835.30
2nd payment$0.00$1,033.26$0.00
Taxes / mo$114.08$114.08$114.08
Insurance / mo$166.67$166.67$166.67
MI / mo$208.58$208.58$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,844.71$2,877.97$3,197.95
Cash to close$200,489$45,500$45,500