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$278,786$278,786$312,750
Remaining term (yrs)26.426.430.0
Secondary amount$0$33,964$0
Funding fee$0$0$0
Note rate6.150%6.150%7.320%
Blended rate6.700%6.950%7.560%
1st payment$1,776.63$1,776.63$2,148.38
2nd payment$0.00$254.73$0.00
Taxes / mo$89.83$89.83$89.83
Insurance / mo$150.00$150.00$150.00
MI / mo$133.66$133.66$62.55
HOA / mo$0.00$0.00$0.00
Total monthly$2,150.12$2,404.85$2,450.76
Cash to close$68,714$34,750$34,750