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	$171,490	$171,490	$269,100
Remaining term (yrs)	23.6	23.6	30.0
Secondary amount	$0	$97,610	$0
Funding fee	$0	$0	$0
Note rate	3.310%	3.310%	7.400%
Blended rate	4.160%	5.916%	7.640%
1st payment	$869.69	$869.69	$1,863.19
2nd payment	$0.00	$732.08	$0.00
Taxes / mo	$122.83	$122.83	$122.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$140.48	$140.48	$53.82
HOA / mo	$92.00	$92.00	$92.00
Total monthly	$1,375.01	$2,107.09	$2,281.85
Cash to close	$127,510	$29,900	$29,900