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$290,028$290,028$354,600
Remaining term (yrs)26.526.530.0
Secondary amount$0$64,572$0
Funding fee$0$0$0
Note rate6.260%6.260%7.240%
Blended rate6.810%7.209%7.480%
1st payment$1,868.29$1,868.29$2,416.59
2nd payment$0.00$484.29$0.00
Taxes / mo$92.67$92.67$92.67
Insurance / mo$150.00$150.00$150.00
MI / mo$138.93$138.93$70.92
HOA / mo$133.33$133.33$133.33
Total monthly$2,383.21$2,867.50$2,863.51
Cash to close$103,972$39,400$39,400