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	$157,916	$157,916	$283,500
Remaining term (yrs)	23.7	23.7	30.0
Secondary amount	$0	$125,584	$0
Funding fee	$0	$0	$0
Note rate	3.230%	3.230%	7.400%
Blended rate	4.080%	5.816%	7.640%
1st payment	$792.39	$792.39	$1,962.90
2nd payment	$0.00	$837.23	$0.00
Taxes / mo	$59.33	$59.33	$59.33
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$129.29	$129.29	$56.70
HOA / mo	$33.00	$33.00	$33.00
Total monthly	$1,164.02	$2,001.25	$2,261.93
Cash to close	$157,084	$31,500	$31,500