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 · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$204,369	$204,369	$350,991
Remaining term (yrs)	22.9	22.9	30.0
Secondary amount	$0	$146,622	$0
Funding fee	$0	$0	$0
Note rate	3.625%	3.625%	7.400%
Blended rate	4.475%	5.948%	7.640%
1st payment	$1,092.61	$1,092.61	$2,430.19
2nd payment	$0.00	$977.48	$0.00
Taxes / mo	$108.67	$108.67	$108.67
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$169.70	$169.70	$70.20
HOA / mo	$45.67	$45.67	$45.67
Total monthly	$1,566.65	$2,544.13	$2,804.73
Cash to close	$185,621	$38,999	$38,999