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$364,537$364,537$495,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$130,463$0
Funding fee$0$0$0
Note rate5.100%5.100%7.400%
Blended rate5.950%6.490%7.640%
1st payment$2,121.41$2,121.41$3,427.28
2nd payment$0.00$869.76$0.00
Taxes / mo$140.83$140.83$140.83
Insurance / mo$166.67$166.67$166.67
MI / mo$276.76$276.76$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,705.67$3,575.43$3,833.78
Cash to close$185,463$55,000$55,000