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	$150,950	$150,950	$360,000
Remaining term (yrs)	20.0	20.0	30.0
Secondary amount	$0	$209,050	$0
Funding fee	$755	$755	$0
Note rate	3.480%	3.480%	7.400%
Blended rate	3.480%	5.960%	7.640%
1st payment	$868.90	$868.90	$2,492.57
2nd payment	$0.00	$1,350.11	$0.00
Taxes / mo	$152.67	$152.67	$152.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$72.00
HOA / mo	$80.00	$80.00	$80.00
Total monthly	$1,251.57	$2,601.68	$2,947.23
Cash to close	$249,050	$40,000	$40,000