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$262,743$262,743$328,500
Remaining term (yrs)29.329.330.0
Secondary amount$0$65,757$0
Funding fee$0$0$0
Note rate5.000%5.000%7.400%
Blended rate5.550%6.241%7.640%
1st payment$1,422.58$1,422.58$2,274.47
2nd payment$0.00$493.18$0.00
Taxes / mo$117.18$117.18$117.18
Insurance / mo$150.00$150.00$150.00
MI / mo$121.46$121.46$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,811.22$2,304.40$2,607.35
Cash to close$102,257$36,500$36,500