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$240,361$240,361$283,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$43,139$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%4.523%7.640%
1st payment$1,123.63$1,123.63$1,962.90
2nd payment$0.00$323.54$0.00
Taxes / mo$124.75$124.75$124.75
Insurance / mo$150.00$150.00$150.00
MI / mo$191.96$191.96$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,590.34$1,913.88$2,294.35
Cash to close$74,639$31,500$31,500