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$200,029$200,029$423,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$222,971$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%5.844%7.640%
1st payment$957.18$957.18$2,928.77
2nd payment$0.00$1,440.02$0.00
Taxes / mo$133.75$133.75$133.75
Insurance / mo$166.67$166.67$166.67
MI / mo$163.52$163.52$84.60
HOA / mo$115.00$115.00$115.00
Total monthly$1,536.12$2,976.14$3,428.78
Cash to close$269,971$47,000$47,000