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$167,021$167,021$342,000
Remaining term (yrs)20.820.830.0
Secondary amount$0$174,979$0
Funding fee$0$0$0
Note rate3.960%3.960%7.400%
Blended rate4.810%6.442%7.640%
1st payment$979.66$979.66$2,367.94
2nd payment$0.00$1,166.52$0.00
Taxes / mo$83.33$83.33$83.33
Insurance / mo$150.00$150.00$150.00
MI / mo$146.06$146.06$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,359.05$2,525.58$2,669.67
Cash to close$212,979$38,000$38,000