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$418,713$418,713$540,000
Remaining term (yrs)28.228.230.0
Secondary amount$0$121,287$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.263%7.640%
1st payment$2,697.93$2,697.93$3,738.85
2nd payment$0.00$808.58$0.00
Taxes / mo$112.58$112.58$112.58
Insurance / mo$166.67$166.67$166.67
MI / mo$195.64$195.64$108.00
HOA / mo$17.25$17.25$17.25
Total monthly$3,190.06$3,998.64$4,143.35
Cash to close$181,287$60,000$60,000