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	$589,627	$576,000
Remaining term (yrs)	29.0	30.0
Secondary amount	$0	$0
Funding fee	$2,948	$0
Note rate	6.26%	7.18%
Blended rate	6.26%	7.42%
1st payment	$3,673.55	$3,902.02
2nd payment	$0.00	$0.00
Taxes / mo	$614.33	$614.33
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$115.20
HOA / mo	$54.33	$54.33
Total monthly	$4,508.88	$4,852.55
Cash to close	$50,373	$64,000