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	$584,003	$562,500
Remaining term (yrs)	28.4	30.0
Secondary amount	$0	$0
Funding fee	$2,920	$0
Note rate	6.62%	7.18%
Blended rate	6.62%	7.42%
1st payment	$3,800.84	$3,810.57
2nd payment	$0.00	$0.00
Taxes / mo	$313.00	$313.00
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$112.50
HOA / mo	$0.00	$0.00
Total monthly	$4,280.51	$4,402.74
Cash to close	$40,997	$62,500