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$398,749$398,749$427,500
Remaining term (yrs)28.128.130.0
Secondary amount$0$28,751$0
Funding fee$0$0$0
Note rate6.440%6.440%7.400%
Blended rate6.990%7.125%7.640%
1st payment$2,556.48$2,556.48$2,959.92
2nd payment$0.00$215.63$0.00
Taxes / mo$138.17$138.17$138.17
Insurance / mo$166.67$166.67$166.67
MI / mo$186.54$186.54$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,047.85$3,263.49$3,350.26
Cash to close$76,251$47,500$47,500