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$394,526$394,526$575,550
Remaining term (yrs)28.228.230.0
Secondary amount$0$181,024$0
Funding fee$0$0$0
Note rate6.690%6.690%7.400%
Blended rate7.240%7.479%7.640%
1st payment$2,590.78$2,590.78$3,984.99
2nd payment$0.00$1,206.83$0.00
Taxes / mo$148.25$148.25$148.25
Insurance / mo$166.67$166.67$166.67
MI / mo$184.21$184.21$115.11
HOA / mo$0.00$0.00$0.00
Total monthly$3,089.91$4,296.74$4,415.02
Cash to close$244,974$63,950$63,950