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	$81,365	$81,365	$215,910
Remaining term (yrs)	23.0	23.0	30.0
Secondary amount	$0	$134,545	$0
Funding fee	$407	$407	$0
Note rate	3.600%	3.600%	7.400%
Blended rate	3.600%	6.342%	7.640%
1st payment	$431.91	$431.91	$1,494.92
2nd payment	$0.00	$896.97	$0.00
Taxes / mo	$59.92	$59.92	$59.92
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$43.18
HOA / mo	$153.00	$153.00	$153.00
Total monthly	$794.83	$1,691.80	$1,901.02
Cash to close	$158,535	$23,990	$23,990