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$281,549$281,549$360,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$78,451$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%4.761%7.640%
1st payment$1,305.07$1,305.07$2,492.57
2nd payment$0.00$588.38$0.00
Taxes / mo$80.75$80.75$80.75
Insurance / mo$150.00$150.00$150.00
MI / mo$227.03$227.03$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,762.85$2,351.23$2,795.32
Cash to close$118,451$40,000$40,000