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$203,957$203,957$220,950
Remaining term (yrs)27.827.830.0
Secondary amount$0$29,268$0
Funding fee$0$0$0
Note rate6.920%6.920%7.400%
Blended rate7.470%8.023%7.640%
1st payment$1,376.72$1,376.72$1,529.81
2nd payment$0.00$289.63$0.00
Taxes / mo$90.83$90.83$90.83
Insurance / mo$150.00$150.00$150.00
MI / mo$95.61$95.61$44.19
HOA / mo$145.00$145.00$145.00
Total monthly$1,858.17$2,147.80$1,959.84
Cash to close$41,543$12,275$24,550