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$397,715$397,715$432,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$34,285$0
Funding fee$0$0$0
Note rate7.030%7.030%7.400%
Blended rate7.580%7.693%7.640%
1st payment$2,715.99$2,715.99$2,991.08
2nd payment$0.00$257.14$0.00
Taxes / mo$118.75$118.75$118.75
Insurance / mo$166.67$166.67$166.67
MI / mo$186.54$186.54$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,187.94$3,445.08$3,362.90
Cash to close$82,285$48,000$48,000