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	$143,111	$143,111	$292,500
Remaining term (yrs)	22.2	22.2	30.0
Secondary amount	$0	$149,389	$0
Funding fee	$716	$716	$0
Note rate	2.720%	2.720%	7.400%
Blended rate	2.720%	5.417%	7.640%
1st payment	$713.09	$713.09	$2,025.21
2nd payment	$0.00	$995.93	$0.00
Taxes / mo	$60.00	$60.00	$60.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$58.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$923.09	$1,919.02	$2,293.71
Cash to close	$181,889	$32,500	$32,500