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	$504,061	$477,000
Remaining term (yrs)	28.8	30.0
Secondary amount	$0	$0
Funding fee	$2,520	$0
Note rate	6.72%	7.18%
Blended rate	6.72%	7.42%
1st payment	$3,297.69	$3,231.36
2nd payment	$0.00	$0.00
Taxes / mo	$318.33	$318.33
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$95.40
HOA / mo	$85.00	$85.00
Total monthly	$3,867.69	$3,896.76
Cash to close	$25,939	$53,000