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$396,036$396,036$463,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$67,464$0
Funding fee$0$0$0
Note rate6.770%6.770%7.400%
Blended rate7.320%7.565%7.640%
1st payment$2,645.21$2,645.21$3,209.18
2nd payment$0.00$505.98$0.00
Taxes / mo$133.08$133.08$133.08
Insurance / mo$166.67$166.67$166.67
MI / mo$186.54$186.54$92.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,131.50$3,637.48$3,601.63
Cash to close$118,964$51,500$51,500