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$276,097$276,097$418,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$142,403$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%5.176%7.640%
1st payment$1,324.35$1,324.35$2,897.61
2nd payment$0.00$949.35$0.00
Taxes / mo$239.50$239.50$239.50
Insurance / mo$166.67$166.67$166.67
MI / mo$221.42$221.42$83.70
HOA / mo$160.00$160.00$160.00
Total monthly$2,111.94$3,061.29$3,547.48
Cash to close$188,903$46,500$46,500