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	$117,526	$117,526	$377,910
Remaining term (yrs)	18.5	18.5	30.0
Secondary amount	$0	$260,384	$0
Funding fee	$588	$588	$0
Note rate	3.000%	3.000%	7.400%
Blended rate	3.000%	6.273%	7.640%
1st payment	$685.86	$685.86	$2,616.57
2nd payment	$0.00	$1,681.64	$0.00
Taxes / mo	$123.33	$123.33	$123.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$75.58
HOA / mo	$66.67	$66.67	$66.67
Total monthly	$1,025.86	$2,707.51	$3,032.16
Cash to close	$302,374	$41,990	$41,990