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$280,902$280,902$306,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$25,098$0
Funding fee$0$0$0
Note rate5.230%5.230%7.320%
Blended rate6.080%6.319%7.560%
1st payment$1,653.79$1,653.79$2,102.01
2nd payment$0.00$188.23$0.00
Taxes / mo$142.33$142.33$142.33
Insurance / mo$150.00$150.00$150.00
MI / mo$212.61$212.61$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,158.74$2,346.97$2,455.54
Cash to close$59,098$34,000$34,000