Drew Bell | Bell Properties - My Home Group

Drew Bell

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 · VA	Assumable Loan + Second Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$215,579	$215,579	$359,100
Remaining term (yrs)	24.5	24.5	30.0
Secondary amount	$0	$143,521	$0
Funding fee	$1,078	$1,078	$0
Note rate	2.810%	2.810%	7.400%
Blended rate	2.810%	4.884%	7.640%
1st payment	$1,010.46	$1,010.46	$2,486.34
2nd payment	$0.00	$956.80	$0.00
Taxes / mo	$107.67	$107.67	$107.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$71.82
HOA / mo	$56.00	$56.00	$56.00
Total monthly	$1,324.13	$2,280.93	$2,871.82
Cash to close	$183,421	$39,900	$39,900