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	$150,804	$150,804	$269,955
Remaining term (yrs)	24.8	24.8	30.0
Secondary amount	$0	$119,151	$0
Funding fee	$754	$754	$0
Note rate	2.980%	2.980%	7.400%
Blended rate	2.980%	5.196%	7.640%
1st payment	$715.17	$715.17	$1,869.11
2nd payment	$0.00	$794.34	$0.00
Taxes / mo	$100.17	$100.17	$100.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$53.99
HOA / mo	$52.67	$52.67	$52.67
Total monthly	$1,018.01	$1,812.35	$2,225.94
Cash to close	$149,146	$29,995	$29,995