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 · VA	Assumable Loan + Second Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$273,963	$273,963	$359,999
Remaining term (yrs)	25.6	25.6	30.0
Secondary amount	$0	$86,036	$0
Funding fee	$1,370	$1,370	$0
Note rate	4.980%	4.980%	7.400%
Blended rate	4.980%	5.941%	7.640%
1st payment	$1,574.99	$1,574.99	$2,492.56
2nd payment	$0.00	$645.27	$0.00
Taxes / mo	$174.67	$174.67	$174.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$72.00
HOA / mo	$125.00	$125.00	$125.00
Total monthly	$2,024.65	$2,669.92	$3,014.23
Cash to close	$126,036	$40,000	$40,000