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$272,384$272,384$301,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$29,116$0
Funding fee$0$0$0
Note rate5.660%5.660%7.400%
Blended rate6.510%6.750%7.640%
1st payment$1,666.92$1,666.92$2,087.53
2nd payment$0.00$218.37$0.00
Taxes / mo$110.25$110.25$110.25
Insurance / mo$150.00$150.00$150.00
MI / mo$204.33$204.33$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,131.50$2,349.87$2,408.08
Cash to close$62,616$33,500$33,500