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	$0	$0	$377,910
Remaining term (yrs)	4.0	4.0	30.0
Secondary amount	$0	$377,910	$0
Funding fee	$0	$0	$0
Note rate	3.000%	3.000%	7.400%
Blended rate	3.850%	7.750%	7.640%
1st payment	$0.00	$0.00	$2,616.57
2nd payment	$0.00	$2,440.67	$0.00
Taxes / mo	$120.83	$120.83	$120.83
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$75.58
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$270.83	$2,711.50	$2,962.99
Cash to close	$419,900	$41,990	$41,990