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$1,210,339$1,210,339$2,250,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$1,039,661$0
Funding fee$0$0$0
Note rate3.760%3.760%7.400%
Blended rate4.610%6.061%7.640%
1st payment$6,143.80$6,143.80$15,578.55
2nd payment$0.00$6,714.48$0.00
Taxes / mo$780.42$780.42$780.42
Insurance / mo$216.67$216.67$216.67
MI / mo$938.54$938.54$450.00
HOA / mo$0.00$0.00$0.00
Total monthly$8,079.43$14,793.91$17,025.63
Cash to close$1,289,661$250,000$250,000