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	$238,611	$243,000
Remaining term (yrs)	24.8	30.0
Secondary amount	$0	$0
Funding fee	$1,193	$0
Note rate	2.8%	7.18%
Blended rate	2.8%	7.42%
1st payment	$1,109.41	$1,646.17
2nd payment	$0.00	$0.00
Taxes / mo	$220.25	$220.25
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$48.60
HOA / mo	$412.00	$412.00
Total monthly	$1,891.66	$2,477.02
Cash to close	$31,389	$27,000