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$313,970$313,970$404,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$90,130$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%4.983%7.640%
1st payment$1,485.62$1,485.62$2,797.91
2nd payment$0.00$675.97$0.00
Taxes / mo$225.50$225.50$225.50
Insurance / mo$150.00$150.00$150.00
MI / mo$250.24$250.24$80.82
HOA / mo$119.00$119.00$119.00
Total monthly$2,230.36$2,906.33$3,373.23
Cash to close$135,030$44,900$44,900