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 · FHA	Current Market Conventional New · Conventional
Loan amount	$450,853	$387,000
Remaining term (yrs)	25.6	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	4%	7.18%
Blended rate	4.85%	7.42%
1st payment	$2,343.84	$2,621.67
2nd payment	$0.00	$0.00
Taxes / mo	$317.67	$317.67
Insurance / mo	$150.00	$150.00
MI / mo	$347.75	$77.40
HOA / mo	$32.50	$32.50
Total monthly	$3,191.75	$3,199.24
Cash to close	$0	$43,000