Loan Comparison Calculator | Tony English

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$284,834	$261,000
Remaining term (yrs)	24.1	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	2.77%	7.18%
Blended rate	3.62%	7.42%
1st payment	$1,345.18	$1,768.10
2nd payment	$0.00	$0.00
Taxes / mo	$300.17	$300.17
Insurance / mo	$150.00	$150.00
MI / mo	$232.80	$52.20
HOA / mo	$0.00	$0.00
Total monthly	$2,028.14	$2,270.47
Cash to close	$5,166	$29,000