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$290,614$290,614$409,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$118,886$0
Funding fee$0$0$0
Note rate6.320%6.320%7.400%
Blended rate6.870%7.198%7.640%
1st payment$1,880.77$1,880.77$2,835.30
2nd payment$0.00$792.58$0.00
Taxes / mo$185.58$185.58$185.58
Insurance / mo$166.67$166.67$166.67
MI / mo$138.97$138.97$81.90
HOA / mo$41.00$41.00$41.00
Total monthly$2,413.00$3,205.57$3,310.45
Cash to close$164,386$45,500$45,500