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$520,245$520,245$607,500
Remaining term (yrs)26.826.830.0
Secondary amount$0$87,255$0
Funding fee$0$0$0
Note rate6.710%6.710%7.400%
Blended rate7.260%7.510%7.640%
1st payment$3,484.38$3,484.38$4,206.21
2nd payment$0.00$654.41$0.00
Taxes / mo$222.50$222.50$222.50
Insurance / mo$166.67$166.67$166.67
MI / mo$247.24$247.24$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,120.79$4,775.20$4,716.87
Cash to close$154,755$67,500$67,500