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$304,970$304,970$350,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$45,940$0
Funding fee$0$0$0
Note rate7.170%7.170%7.320%
Blended rate7.720%7.888%7.560%
1st payment$2,116.87$2,116.87$2,410.51
2nd payment$0.00$344.55$0.00
Taxes / mo$129.50$129.50$129.50
Insurance / mo$150.00$150.00$150.00
MI / mo$143.36$143.36$70.18
HOA / mo$97.00$97.00$97.00
Total monthly$2,636.73$2,981.28$2,857.19
Cash to close$84,930$38,990$38,990