🏠The Assumable Guy

Loan Comparison: 3.89% vs 6.5%

7368 Glenburn Drive, Fountain, CO 80817 · 3bd/3ba · $415,000

List Price
$415,000
Assumable Rate
3.89%
Remaining Balance
$399,726
Equity Gap
$15,273
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($15,273) is less than 5% of the purchase price ($20,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$15,273
Effective Rate
3.89%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,492/mo
Assumable @ 3.89%
$1,883/mo
$609less per month with the assumable

Your Savings on This Property

7368 Glenburn Drive, Fountain · 3.89% VA vs 6.5% conventional

$609
per month
$7,306
per year
$219,181
over 30 years
$224,657
interest saved
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