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 · VA	Assumable Loan + Second Assumable · VA	Current Market Conventional New · Conventional
Loan amount	$274,928	$274,928	$296,100
Remaining term (yrs)	26.7	26.7	30.0
Secondary amount	$0	$37,622	$0
Funding fee	$1,375	$1,375	$0
Note rate	6.390%	6.390%	7.240%
Blended rate	6.390%	7.050%	7.480%
1st payment	$1,787.20	$1,787.20	$2,017.92
2nd payment	$0.00	$372.31	$0.00
Taxes / mo	$131.50	$131.50	$131.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$0.00	$0.00	$59.22
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$2,068.70	$2,441.01	$2,358.64
Cash to close	$54,072	$16,450	$32,900