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$214,749$214,749$351,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$136,251$0
Funding fee$0$0$0
Note rate2.930%2.930%7.400%
Blended rate3.780%5.418%7.640%
1st payment$1,012.86$1,012.86$2,430.25
2nd payment$0.00$908.34$0.00
Taxes / mo$85.83$85.83$85.83
Insurance / mo$150.00$150.00$150.00
MI / mo$171.70$171.70$70.20
HOA / mo$97.00$97.00$97.00
Total monthly$1,517.39$2,425.73$2,833.29
Cash to close$175,251$39,000$39,000