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$319,686$319,686$350,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$31,224$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.224%7.640%
1st payment$2,107.85$2,107.85$2,429.63
2nd payment$0.00$234.18$0.00
Taxes / mo$114.50$114.50$114.50
Insurance / mo$150.00$150.00$150.00
MI / mo$152.85$152.85$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,525.20$2,759.38$2,764.31
Cash to close$70,214$38,990$38,990