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$222,559$222,559$535,500
Remaining term (yrs)23.023.030.0
Secondary amount$0$312,941$0
Funding fee$0$0$0
Note rate3.650%3.650%7.400%
Blended rate4.500%6.399%7.640%
1st payment$1,187.34$1,187.34$3,707.69
2nd payment$0.00$2,021.08$0.00
Taxes / mo$346.83$346.83$346.83
Insurance / mo$166.67$166.67$166.67
MI / mo$183.85$183.85$107.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,884.68$3,905.76$4,328.29
Cash to close$372,441$59,500$59,500