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$289,332$289,332$450,000
Remaining term (yrs)29.229.230.0
Secondary amount$0$160,668$0
Funding fee$0$0$0
Note rate5.250%5.250%7.240%
Blended rate5.800%6.585%7.480%
1st payment$1,614.67$1,614.67$3,066.74
2nd payment$0.00$1,071.12$0.00
Taxes / mo$159.08$159.08$159.08
Insurance / mo$166.67$166.67$166.67
MI / mo$134.02$134.02$90.00
HOA / mo$633.00$633.00$633.00
Total monthly$2,707.43$3,778.55$4,115.49
Cash to close$210,668$50,000$50,000