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 · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$348,798	$348,798	$539,999
Remaining term (yrs)	26.6	26.6	30.0
Secondary amount	$0	$191,201	$0
Funding fee	$0	$0	$0
Note rate	6.390%	6.390%	7.400%
Blended rate	6.940%	7.315%	7.640%
1st payment	$2,270.07	$2,270.07	$3,738.84
2nd payment	$0.00	$1,274.67	$0.00
Taxes / mo	$187.42	$187.42	$187.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$166.51	$166.51	$108.00
HOA / mo	$146.17	$146.17	$146.17
Total monthly	$2,936.84	$4,211.51	$4,347.10
Cash to close	$251,201	$60,000	$60,000