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$416,035$416,035$504,000
Remaining term (yrs)28.028.030.0
Secondary amount$0$87,965$0
Funding fee$0$0$0
Note rate6.080%6.080%7.400%
Blended rate6.630%7.044%7.640%
1st payment$2,574.36$2,574.36$3,489.59
2nd payment$0.00$659.74$0.00
Taxes / mo$91.50$91.50$91.50
Insurance / mo$166.67$166.67$166.67
MI / mo$195.12$195.12$100.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,027.65$3,687.39$3,848.56
Cash to close$143,965$56,000$56,000