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	$275,645	$279,000
Remaining term (yrs)	25.5	30.0
Secondary amount	$0	$0
Funding fee	$1,378	$0
Note rate	4.17%	7.18%
Blended rate	4.17%	7.42%
1st payment	$1,461.80	$1,890.04
2nd payment	$0.00	$0.00
Taxes / mo	$88.00	$88.00
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$55.80
HOA / mo	$0.00	$0.00
Total monthly	$1,699.80	$2,183.84
Cash to close	$34,355	$31,000