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$94,879$94,879$296,091
Remaining term (yrs)16.416.430.0
Secondary amount$0$201,212$0
Funding fee$0$0$0
Note rate5.000%5.000%7.400%
Blended rate5.850%7.141%7.640%
1st payment$704.67$704.67$2,050.07
2nd payment$0.00$1,299.49$0.00
Taxes / mo$133.92$133.92$133.92
Insurance / mo$150.00$150.00$150.00
MI / mo$92.98$92.98$59.22
HOA / mo$125.00$125.00$125.00
Total monthly$1,206.57$2,506.06$2,518.21
Cash to close$234,111$32,899$32,899