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$284,151$284,151$310,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$26,349$0
Funding fee$0$0$0
Note rate3.010%3.010%7.400%
Blended rate3.860%4.296%7.640%
1st payment$1,342.97$1,342.97$2,149.84
2nd payment$0.00$197.61$0.00
Taxes / mo$81.25$81.25$81.25
Insurance / mo$150.00$150.00$150.00
MI / mo$225.34$225.34$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,799.56$1,997.17$2,443.19
Cash to close$60,849$34,500$34,500