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$19,954$19,954$472,500
Remaining term (yrs)2.52.530.0
Secondary amount$0$452,546$0
Funding fee$0$0$0
Note rate6.860%6.860%7.400%
Blended rate7.710%7.748%7.640%
1st payment$684.10$684.10$3,271.49
2nd payment$0.00$2,922.70$0.00
Taxes / mo$167.25$167.25$167.25
Insurance / mo$166.67$166.67$166.67
MI / mo$73.88$73.88$94.50
HOA / mo$78.00$78.00$78.00
Total monthly$1,169.89$4,092.59$3,777.91
Cash to close$505,046$52,500$52,500