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$400,405$400,405$446,400
Remaining term (yrs)28.828.830.0
Secondary amount$0$45,995$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.565%7.640%
1st payment$2,653.84$2,653.84$3,090.78
2nd payment$0.00$344.96$0.00
Taxes / mo$224.58$224.58$224.58
Insurance / mo$166.67$166.67$166.67
MI / mo$185.63$185.63$89.28
HOA / mo$237.00$237.00$237.00
Total monthly$3,467.72$3,812.68$3,808.31
Cash to close$95,595$49,600$49,600