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$392,851$392,851$436,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$43,649$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.398%7.640%
1st payment$2,618.15$2,618.15$3,022.24
2nd payment$0.00$327.36$0.00
Taxes / mo$210.75$210.75$210.75
Insurance / mo$166.67$166.67$166.67
MI / mo$186.54$186.54$87.30
HOA / mo$95.00$95.00$95.00
Total monthly$3,277.10$3,604.47$3,581.95
Cash to close$92,149$48,500$48,500