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 · VA	Current Market Conventional New · Conventional
Loan amount	$228,198	$229,500
Remaining term (yrs)	25.3	30.0
Secondary amount	$0	$0
Funding fee	$1,141	$0
Note rate	3.45%	7.18%
Blended rate	3.45%	7.42%
1st payment	$1,124.57	$1,554.71
2nd payment	$0.00	$0.00
Taxes / mo	$86.92	$86.92
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$45.90
HOA / mo	$425.00	$425.00
Total monthly	$1,786.49	$2,262.53
Cash to close	$26,802	$25,500