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	$232,613	$232,613	$445,500
Remaining term (yrs)	21.3	21.3	30.0
Secondary amount	$0	$212,887	$0
Funding fee	$0	$0	$0
Note rate	2.670%	2.670%	7.400%
Blended rate	3.520%	5.541%	7.640%
1st payment	$1,189.40	$1,189.40	$3,084.55
2nd payment	$0.00	$1,374.89	$0.00
Taxes / mo	$135.58	$135.58	$135.58
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$194.36	$194.36	$89.10
HOA / mo	$115.00	$115.00	$115.00
Total monthly	$1,801.01	$3,175.90	$3,590.90
Cash to close	$262,387	$49,500	$49,500