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$14,754$14,754$427,500
Remaining term (yrs)2.02.030.0
Secondary amount$0$412,746$0
Funding fee$0$0$0
Note rate6.600%6.600%7.400%
Blended rate7.450%7.740%7.640%
1st payment$610.56$610.56$2,959.92
2nd payment$0.00$2,665.65$0.00
Taxes / mo$156.92$156.92$156.92
Insurance / mo$166.67$166.67$166.67
MI / mo$67.72$67.72$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,001.86$3,667.51$3,369.01
Cash to close$460,246$47,500$47,500