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	$131,121	$131,121	$297,000
Remaining term (yrs)	19.4	19.4	30.0
Secondary amount	$0	$165,879	$0
Funding fee	$0	$0	$0
Note rate	3.960%	3.960%	7.400%
Blended rate	4.810%	6.592%	7.640%
1st payment	$805.14	$805.14	$2,056.37
2nd payment	$0.00	$1,105.86	$0.00
Taxes / mo	$106.17	$106.17	$106.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$120.04	$120.04	$59.40
HOA / mo	$123.00	$123.00	$123.00
Total monthly	$1,304.35	$2,410.21	$2,494.93
Cash to close	$198,879	$33,000	$33,000