Carl Perera | The Fly Agent

Carl Perera

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	$133,227	$133,227	$378,000
Remaining term (yrs)	18.5	18.5	30.0
Secondary amount	$0	$244,773	$0
Funding fee	$0	$0	$0
Note rate	3.700%	3.700%	7.240%
Blended rate	4.550%	6.622%	7.480%
1st payment	$827.06	$827.06	$2,576.06
2nd payment	$0.00	$1,580.82	$0.00
Taxes / mo	$195.00	$195.00	$195.00
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$127.28	$127.28	$75.60
HOA / mo	$38.00	$38.00	$38.00
Total monthly	$1,337.34	$2,918.16	$3,034.66
Cash to close	$286,773	$42,000	$42,000