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	$395,811	$378,000
Remaining term (yrs)	25.6	30.0
Secondary amount	$0	$0
Funding fee	$1,979	$0
Note rate	4.17%	7.18%
Blended rate	4.17%	7.42%
1st payment	$2,095.25	$2,560.70
2nd payment	$0.00	$0.00
Taxes / mo	$239.92	$239.92
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$75.60
HOA / mo	$360.00	$360.00
Total monthly	$2,845.17	$3,386.22
Cash to close	$24,189	$42,000