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$37,444$37,444$314,910
Remaining term (yrs)4.94.930.0
Secondary amount$0$277,466$0
Funding fee$0$0$0
Note rate7.210%7.210%7.400%
Blended rate8.060%7.787%7.640%
1st payment$745.14$745.14$2,180.37
2nd payment$0.00$1,791.97$0.00
Taxes / mo$102.42$102.42$102.42
Insurance / mo$150.00$150.00$150.00
MI / mo$77.68$77.68$62.98
HOA / mo$75.00$75.00$75.00
Total monthly$1,150.24$2,942.21$2,570.77
Cash to close$312,456$34,990$34,990