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	$72,769	$72,769	$319,491
Remaining term (yrs)	11.7	11.7	30.0
Secondary amount	$0	$246,722	$0
Funding fee	$0	$0	$0
Note rate	6.380%	6.380%	7.400%
Blended rate	7.230%	7.632%	7.640%
1st payment	$731.32	$731.32	$2,212.09
2nd payment	$0.00	$1,593.41	$0.00
Taxes / mo	$119.33	$119.33	$119.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$82.99	$82.99	$63.90
HOA / mo	$73.00	$73.00	$73.00
Total monthly	$1,156.64	$2,750.05	$2,618.32
Cash to close	$282,221	$35,499	$35,499