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	$263,547	$265,410
Remaining term (yrs)	29.4	30.0
Secondary amount	$0	$0
Funding fee	$1,318	$0
Note rate	6.5%	7.18%
Blended rate	6.5%	7.42%
1st payment	$1,675.01	$1,797.98
2nd payment	$0.00	$0.00
Taxes / mo	$195.33	$195.33
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$53.08
HOA / mo	$336.00	$336.00
Total monthly	$2,356.34	$2,532.40
Cash to close	$31,353	$29,490