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	$1,992	$1,992	$171,000
Remaining term (yrs)	0.5	0.5	30.0
Secondary amount	$0	$169,008	$0
Funding fee	$10	$10	$0
Note rate	7.740%	7.740%	7.400%
Blended rate	7.740%	7.997%	7.640%
1st payment	$292.01	$292.01	$1,183.97
2nd payment	$0.00	$1,126.72	$0.00
Taxes / mo	$18.00	$18.00	$18.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$34.20
HOA / mo	$681.00	$681.00	$681.00
Total monthly	$1,141.01	$2,267.73	$2,067.17
Cash to close	$188,008	$19,000	$19,000