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$10,342$10,342$490,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$480,158$0
Funding fee$0$0$0
Note rate6.580%6.580%7.400%
Blended rate7.130%7.737%7.640%
1st payment$71.42$71.42$3,396.12
2nd payment$0.00$3,101.02$0.00
Taxes / mo$104.75$104.75$104.75
Insurance / mo$166.67$166.67$166.67
MI / mo$4.81$4.81$98.10
HOA / mo$0.00$0.00$0.00
Total monthly$347.64$3,448.66$3,765.64
Cash to close$534,658$54,500$54,500