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	$0	$0	$187,650
Remaining term (yrs)	16.4	16.4	30.0
Secondary amount	$0	$187,650	$0
Funding fee	$0	$0	$0
Note rate	3.000%	3.000%	7.400%
Blended rate	3.000%	8.000%	7.640%
1st payment	$0.00	$0.00	$1,299.25
2nd payment	$0.00	$1,251.00	$0.00
Taxes / mo	$76.17	$76.17	$76.17
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$37.53
HOA / mo	$243.00	$243.00	$243.00
Total monthly	$469.17	$1,720.17	$1,805.95
Cash to close	$208,500	$20,850	$20,850