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$316,267$316,267$337,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$39,983$0
Funding fee$0$0$0
Note rate3.090%3.090%7.400%
Blended rate3.940%4.831%7.640%
1st payment$1,504.68$1,504.68$2,336.78
2nd payment$0.00$395.67$0.00
Taxes / mo$193.50$193.50$193.50
Insurance / mo$150.00$150.00$150.00
MI / mo$249.91$249.91$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,098.09$2,493.76$2,747.78
Cash to close$58,733$18,750$37,500