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$230,170$230,170$405,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$174,830$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%5.573%7.640%
1st payment$1,077.18$1,077.18$2,804.14
2nd payment$0.00$1,165.53$0.00
Taxes / mo$138.08$138.08$138.08
Insurance / mo$150.00$150.00$150.00
MI / mo$183.79$183.79$81.00
HOA / mo$56.00$56.00$56.00
Total monthly$1,605.05$2,770.58$3,229.22
Cash to close$219,830$45,000$45,000