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	$193,746	$193,746	$263,250
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$69,504	$0
Funding fee	$969	$969	$0
Note rate	2.770%	2.770%	7.400%
Blended rate	2.770%	4.415%	7.640%
1st payment	$912.80	$912.80	$1,822.69
2nd payment	$0.00	$521.28	$0.00
Taxes / mo	$87.83	$87.83	$87.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$52.65
HOA / mo	$385.00	$385.00	$385.00
Total monthly	$1,535.63	$2,056.91	$2,498.17
Cash to close	$98,754	$29,250	$29,250