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$271,136$271,136$324,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$52,864$0
Funding fee$0$0$0
Note rate2.860%2.860%7.400%
Blended rate3.710%4.573%7.640%
1st payment$1,263.22$1,263.22$2,243.31
2nd payment$0.00$396.48$0.00
Taxes / mo$211.58$211.58$211.58
Insurance / mo$150.00$150.00$150.00
MI / mo$216.08$216.08$64.80
HOA / mo$133.00$133.00$133.00
Total monthly$1,973.88$2,370.37$2,802.69
Cash to close$88,864$36,000$36,000