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 · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$158,282	$158,282	$323,100
Remaining term (yrs)	13.7	13.7	30.0
Secondary amount	$0	$164,818	$0
Funding fee	$0	$0	$0
Note rate	2.690%	2.690%	7.400%
Blended rate	3.540%	5.815%	7.640%
1st payment	$1,142.95	$1,142.95	$2,237.08
2nd payment	$0.00	$1,098.79	$0.00
Taxes / mo	$78.00	$78.00	$78.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$150.14	$150.14	$64.62
HOA / mo	$48.33	$48.33	$48.33
Total monthly	$1,569.42	$2,668.21	$2,578.03
Cash to close	$200,718	$35,900	$35,900