Carl Perera

(928) 433-5177
The Fly Agent
Call Carl

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$155,001$155,001$481,500
Remaining term (yrs)14.914.930.0
Secondary amount$0$326,499$0
Funding fee$0$0$0
Note rate4.270%4.270%7.320%
Blended rate5.120%6.903%7.560%
1st payment$1,163.00$1,163.00$3,307.57
2nd payment$0.00$2,108.64$0.00
Taxes / mo$250.58$250.58$250.58
Insurance / mo$166.67$166.67$166.67
MI / mo$167.06$167.06$96.30
HOA / mo$80.00$80.00$80.00
Total monthly$1,827.31$3,935.95$3,901.12
Cash to close$379,999$53,500$53,500