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$417,700$417,700$544,410
Remaining term (yrs)28.628.630.0
Secondary amount$0$126,710$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.540%7.640%
1st payment$2,773.58$2,773.58$3,769.38
2nd payment$0.00$844.73$0.00
Taxes / mo$137.67$137.67$137.67
Insurance / mo$166.67$166.67$166.67
MI / mo$194.00$194.00$108.88
HOA / mo$0.00$0.00$0.00
Total monthly$3,271.92$4,116.65$4,182.60
Cash to close$187,200$60,490$60,490