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$197,918$197,918$301,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$103,582$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%5.571%7.640%
1st payment$1,025.33$1,025.33$2,087.53
2nd payment$0.00$690.55$0.00
Taxes / mo$59.42$59.42$59.42
Insurance / mo$150.00$150.00$150.00
MI / mo$162.75$162.75$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,397.49$2,088.04$2,357.24
Cash to close$137,082$33,500$33,500