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	$797,716	$797,716	$873,899
Remaining term (yrs)	29.0	29.0	30.0
Secondary amount	$0	$76,183	$0
Funding fee	$3,989	$3,989	$0
Note rate	6.350%	6.350%	7.400%
Blended rate	6.350%	6.581%	7.640%
1st payment	$5,011.44	$5,011.44	$6,050.70
2nd payment	$0.00	$571.37	$0.00
Taxes / mo	$210.33	$210.33	$210.33
Insurance / mo	$216.67	$216.67	$216.67
MI / mo	$0.00	$0.00	$174.78
HOA / mo	$119.00	$119.00	$119.00
Total monthly	$5,557.44	$6,128.81	$6,771.48
Cash to close	$173,283	$97,100	$97,100