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$199,285$199,285$216,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$28,715$0
Funding fee$0$0$0
Note rate6.390%6.390%7.400%
Blended rate6.940%7.562%7.640%
1st payment$1,297.00$1,297.00$1,495.54
2nd payment$0.00$284.15$0.00
Taxes / mo$40.50$40.50$40.50
Insurance / mo$150.00$150.00$150.00
MI / mo$95.14$95.14$43.20
HOA / mo$218.00$218.00$218.00
Total monthly$1,800.64$2,084.79$1,947.24
Cash to close$40,715$12,000$24,000