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$220,101$220,101$299,700
Remaining term (yrs)25.125.130.0
Secondary amount$0$79,599$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%5.210%7.640%
1st payment$1,035.66$1,035.66$2,075.06
2nd payment$0.00$596.99$0.00
Taxes / mo$88.42$88.42$88.42
Insurance / mo$150.00$150.00$150.00
MI / mo$174.22$174.22$59.94
HOA / mo$370.00$370.00$370.00
Total monthly$1,818.30$2,415.29$2,743.42
Cash to close$112,899$33,300$33,300