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	$201,392	$201,392	$297,000
Remaining term (yrs)	26.4	26.4	30.0
Secondary amount	$0	$95,608	$0
Funding fee	$0	$0	$0
Note rate	6.120%	6.120%	7.240%
Blended rate	6.670%	7.420%	7.480%
1st payment	$1,281.24	$1,281.24	$2,024.05
2nd payment	$0.00	$717.06	$0.00
Taxes / mo	$137.50	$137.50	$137.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$96.70	$96.70	$59.40
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,665.44	$2,382.50	$2,370.95
Cash to close	$128,608	$33,000	$33,000