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	$153,513	$153,513	$338,399
Remaining term (yrs)	23.7	23.7	30.0
Secondary amount	$0	$184,886	$0
Funding fee	$768	$768	$0
Note rate	3.100%	3.100%	7.400%
Blended rate	3.100%	5.777%	7.640%
1st payment	$759.91	$759.91	$2,343.01
2nd payment	$0.00	$1,232.58	$0.00
Taxes / mo	$26.33	$26.33	$26.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$67.68
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$936.24	$2,168.81	$2,587.02
Cash to close	$222,486	$37,600	$37,600