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$295,050$295,050$341,999
Remaining term (yrs)24.824.830.0
Secondary amount$0$46,949$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%4.522%7.640%
1st payment$1,396.18$1,396.18$2,367.93
2nd payment$0.00$352.12$0.00
Taxes / mo$184.67$184.67$184.67
Insurance / mo$150.00$150.00$150.00
MI / mo$235.78$235.78$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,966.62$2,318.74$2,771.00
Cash to close$84,949$38,000$38,000