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$190,791$190,791$225,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$34,209$0
Funding fee$0$0$0
Note rate3.150%3.150%7.320%
Blended rate4.000%4.760%7.560%
1st payment$949.39$949.39$1,545.59
2nd payment$0.00$256.57$0.00
Taxes / mo$171.58$171.58$171.58
Insurance / mo$150.00$150.00$150.00
MI / mo$156.49$156.49$45.00
HOA / mo$48.00$48.00$48.00
Total monthly$1,475.46$1,732.03$1,960.18
Cash to close$59,209$25,000$25,000