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$179,835$179,835$261,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$81,165$0
Funding fee$0$0$0
Note rate2.970%2.970%7.400%
Blended rate3.820%5.431%7.640%
1st payment$857.75$857.75$1,807.11
2nd payment$0.00$608.74$0.00
Taxes / mo$37.17$37.17$37.17
Insurance / mo$150.00$150.00$150.00
MI / mo$144.66$144.66$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,189.58$1,798.32$2,046.48
Cash to close$110,165$29,000$29,000