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	$291,269	$279,000
Remaining term (yrs)	28.1	30.0
Secondary amount	$0	$0
Funding fee	$1,456	$0
Note rate	6.2%	7.18%
Blended rate	6.2%	7.42%
1st payment	$1,824.55	$1,890.04
2nd payment	$0.00	$0.00
Taxes / mo	$174.33	$174.33
Insurance / mo	$150.00	$150.00
MI / mo	$0.00	$55.80
HOA / mo	$435.00	$435.00
Total monthly	$2,583.88	$2,705.18
Cash to close	$18,731	$31,000