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	$474,371	$463,500
Remaining term (yrs)	25.4	30.0
Secondary amount	$0	$0
Funding fee	$2,372	$0
Note rate	4%	7.18%
Blended rate	4%	7.42%
1st payment	$2,475.35	$3,139.91
2nd payment	$0.00	$0.00
Taxes / mo	$363.75	$363.75
Insurance / mo	$166.67	$166.67
MI / mo	$0.00	$92.70
HOA / mo	$0.00	$0.00
Total monthly	$3,005.77	$3,763.03
Cash to close	$40,629	$51,500