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 · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$891,492$891,492$1,259,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$367,608$0
Funding fee$4,457$4,457$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.865%7.640%
1st payment$5,732.54$5,732.54$8,717.75
2nd payment$0.00$2,374.13$0.00
Taxes / mo$297.00$297.00$297.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$251.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,246.21$8,620.34$9,483.24
Cash to close$507,508$139,900$139,900