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$228,552$228,552$252,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$37,448$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%4.963%7.640%
1st payment$1,083.88$1,083.88$1,744.80
2nd payment$0.00$370.58$0.00
Taxes / mo$83.08$83.08$83.08
Insurance / mo$150.00$150.00$150.00
MI / mo$182.57$182.57$50.40
HOA / mo$168.00$168.00$168.00
Total monthly$1,667.53$2,038.11$2,196.28
Cash to close$51,448$14,000$28,000