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$221,368$221,368$288,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$66,632$0
Funding fee$0$0$0
Note rate3.180%3.180%7.400%
Blended rate4.030%5.180%7.640%
1st payment$1,080.08$1,080.08$1,994.05
2nd payment$0.00$499.74$0.00
Taxes / mo$91.33$91.33$91.33
Insurance / mo$150.00$150.00$150.00
MI / mo$177.35$177.35$57.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,498.76$1,998.50$2,292.99
Cash to close$98,632$32,000$32,000