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	$462,228	$405,000
Remaining term (yrs)	24.5	30.0
Secondary amount	$0	$0
Funding fee	$2,311	$0
Note rate	3.08%	7.18%
Blended rate	3.08%	7.42%
1st payment	$2,236.14	$2,743.61
2nd payment	$0.00	$0.00
Taxes / mo	$541.08	$541.08
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$81.00
HOA / mo	$108.33	$108.33
Total monthly	$3,035.55	$3,624.02
Cash to close	$0	$45,000