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	$0	$0	$384,468
Remaining term (yrs)	—	—	30.0
Secondary amount	$0	$384,468	$0
Funding fee	$0	$0	$0
Note rate	0.000%	0.000%	7.400%
Blended rate	0.850%	7.750%	7.640%
1st payment	$0.00	$0.00	$2,661.98
2nd payment	$0.00	$2,483.02	$0.00
Taxes / mo	$36.25	$36.25	$36.25
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$76.89
HOA / mo	$157.00	$157.00	$157.00
Total monthly	$343.25	$2,826.27	$3,082.12
Cash to close	$427,187	$42,719	$42,719