🏠The Assumable Guy

Loan Comparison: 6.35% vs 6.5%

506 Main Street, Fountain, CO 80817 · 4bd/4ba · $294,900

List Price
$294,900
Assumable Rate
6.35%
Remaining Balance
$283,867
Equity Gap
$11,033
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($11,033) is less than 5% of the purchase price ($14,745). Your down payment covers the full gap with no second mortgage required.

Down Payment
$11,033
Effective Rate
6.35%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,771/mo
Assumable @ 6.35%
$1,766/mo
$4less per month with the assumable

Your Savings on This Property

506 Main Street, Fountain · 6.35% VA vs 6.5% conventional

$4
per month
$53
per year
$1,601
over 30 years
$5,313
interest saved
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