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$212,838$212,838$445,410
Remaining term (yrs)19.719.730.0
Secondary amount$0$232,572$0
Funding fee$0$0$0
Note rate3.600%3.600%7.320%
Blended rate4.450%6.173%7.560%
1st payment$1,252.49$1,252.49$3,059.66
2nd payment$0.00$1,502.03$0.00
Taxes / mo$194.92$194.92$194.92
Insurance / mo$166.67$166.67$166.67
MI / mo$195.14$195.14$89.08
HOA / mo$53.00$53.00$53.00
Total monthly$1,862.21$3,364.24$3,563.32
Cash to close$282,062$49,490$49,490