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	$419,200
Remaining term (yrs)	29.6	29.6	30.0
Secondary amount	$0	$419,200	$0
Funding fee	$0	$0	$0
Note rate	3.990%	3.990%	7.400%
Blended rate	4.540%	7.750%	7.640%
1st payment	$0.00	$0.00	$2,902.46
2nd payment	$0.00	$2,707.33	$0.00
Taxes / mo	$40.75	$40.75	$40.75
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$0.00	$0.00	$83.84
HOA / mo	$157.00	$157.00	$157.00
Total monthly	$364.42	$3,071.75	$3,350.71
Cash to close	$465,778	$46,578	$46,578