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$514,543$514,543$602,910
Remaining term (yrs)28.228.230.0
Secondary amount$0$88,367$0
Funding fee$0$0$0
Note rate6.780%6.780%7.400%
Blended rate7.330%7.575%7.640%
1st payment$3,409.19$3,409.19$4,174.43
2nd payment$0.00$662.75$0.00
Taxes / mo$176.75$176.75$176.75
Insurance / mo$166.67$166.67$166.67
MI / mo$240.17$240.17$120.58
HOA / mo$0.00$0.00$0.00
Total monthly$3,992.78$4,655.53$4,638.43
Cash to close$155,357$66,990$66,990