Compare programs. See cash to close clearly.
Line up 2 to 4 options for one purchase: Conventional, FHA 20 or 30, VA, USDA, or a doctor / physician loan. Compare interest rate, down payment, seller concessions, cash to close, and total monthly payment, then download a branded PDF for your buyer. Runs in your browser. Estimate only.
Shared purchase details
One home. Compare 2 to 4 programs, then download a PDF.
Compare options
Add up to four programs. Enter rate, down payment, P&I, and credits for each.
Side-by-side
Updates live as you type.
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Which loan program has the lowest total cost?
The lowest rate is not always the cheapest loan. FHA often has competitive rates but charges upfront and monthly mortgage insurance. Conventional loans drop PMI once you reach enough equity. VA has no monthly mortgage insurance but may have a funding fee. Physician loans can allow low down payments without PMI for eligible doctors. Comparing cash to close and monthly payment together shows the real trade-off.
Written by Keith Lopez, NMLS #2814077. Educational estimate only, not a commitment to lend.
Common questions
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How many programs can I compare at once?
Two to four. That is enough to line up something like Conventional, FHA, and a doctor loan for the same buyer, or FHA 20-year against FHA 30-year.
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What is included in cash to close?
Down payment plus closing costs and prepaids (escrow deposits for taxes and insurance, prepaid interest), minus seller concessions, lender credits, and your earnest money deposit.
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How much can a seller pay toward my closing costs?
It depends on the program and down payment. FHA allows up to 6% of the price. Conventional limits range from 3% to 9% depending on down payment and occupancy. VA limits concessions to 4%, with normal closing costs handled separately. The tool lets you enter the amount for each program.
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Who qualifies for a physician or doctor loan?
Usually MDs and DOs, and often dentists and some other medical professionals, including residents and fellows. Many programs allow low or no down payment without PMI and can treat student loans more flexibly. Guidelines vary by lender.
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Why does FHA show a higher monthly payment even with a lower rate?
FHA charges an upfront mortgage insurance premium that is usually financed into the loan, plus annual mortgage insurance paid monthly. For many buyers that stays for the life of the loan unless they refinance.
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Can I use this for a real buyer consultation?
Yes. Download the PDF to walk through options with a buyer or agent. It is an estimate only, not a pre-approval, a rate quote, or a commitment to lend.
Read more before you run the numbers
- First-Time Buyers FHA Down Payment in Richmond Hill, GA: What First-Time Buyers Need to Know FHA loans require as little as 3.5% down in Richmond Hill, GA, and down payment assistance programs may cover that cost. Here is what first-time buyers need to know before applying.
- Loan Programs FHA Loan Limits in South Carolina for 2026, by County HUD set the 2026 FHA loan limit at $541,287 for most South Carolina counties, with higher limits in the Charleston and Hilton Head MSAs. See every county's figures and learn what the limit actually caps.
- Loan Programs FHA Loan Requirements in South Carolina: Credit, Down Payment, DTI, and More FHA loans in South Carolina require a 580 credit score for 3.5% down, allow back-end DTI up to 56% with automated approval, and must follow HUD property standards and SC attorney closing rules. Here is what buyers in Charleston, Greenville, and Columbia need to know.
Try another calculator.
All of these run in your browser. Estimates only, not a pre-approval or rate quote.
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Payment calculator
Ballpark monthly principal and interest from a home price.
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Home affordability
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Rent vs. buy
Compare estimated renting costs to buying over a set number of years.
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Rate options
Compare rates with and without points, including monthly savings and breakeven.
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Property compare
Compare up to three homes and download a payment breakdown PDF.
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Refinance compare
Compare refinance options by program, fixed or ARM, points, and cash to close.
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Ready to pick a path with confidence?
A free Mortgage Strategy Session lines up program fit, payment comfort, and cash to close.
Keith Lopez, NMLS #2814077 | NEXA Mortgage, LLC, NMLS #1660690 | Licensed in NC, SC & GA | Equal Housing Opportunity