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	$514,650	$514,650	$598,500
Remaining term (yrs)	28.5	28.5	30.0
Secondary amount	$0	$83,850	$0
Funding fee	$2,573	$2,573	$0
Note rate	6.650%	6.650%	7.400%
Blended rate	6.650%	6.979%	7.640%
1st payment	$3,352.98	$3,352.98	$4,143.89
2nd payment	$0.00	$628.88	$0.00
Taxes / mo	$220.17	$220.17	$220.17
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$0.00	$0.00	$119.70
HOA / mo	$20.00	$20.00	$20.00
Total monthly	$3,759.82	$4,388.69	$4,670.43
Cash to close	$150,350	$66,500	$66,500