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	$172,451	$172,451	$449,100
Remaining term (yrs)	24.2	24.2	30.0
Secondary amount	$0	$276,649	$0
Funding fee	$862	$862	$0
Note rate	2.700%	2.700%	7.400%
Blended rate	2.700%	5.811%	7.640%
1st payment	$806.33	$806.33	$3,109.48
2nd payment	$0.00	$1,786.69	$0.00
Taxes / mo	$227.42	$227.42	$227.42
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$0.00	$0.00	$89.82
HOA / mo	$146.75	$146.75	$146.75
Total monthly	$1,347.16	$3,133.85	$3,740.13
Cash to close	$326,549	$49,900	$49,900