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$200,758$200,758$346,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$145,742$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%5.520%7.640%
1st payment$936.36$936.36$2,399.10
2nd payment$0.00$971.61$0.00
Taxes / mo$198.25$198.25$198.25
Insurance / mo$150.00$150.00$150.00
MI / mo$159.97$159.97$69.30
HOA / mo$66.67$66.67$66.67
Total monthly$1,511.25$2,482.87$2,883.32
Cash to close$184,242$38,500$38,500