Loan Comparison: 5.51% vs 6.5%

9423 Fairway Glen Drive, Peyton, CO 80831 ยท 4bd/3ba ยท $584,900

List Price
$584,900
Assumable Rate
5.51%
Remaining Balance
$560,987
Equity Gap
$23,912
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($23,912) is less than 5% of the purchase price ($29,245). Your down payment covers the full gap with no second mortgage required.

Down Payment
$23,912
Effective Rate
5.51%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,512/mo
Assumable @ 5.51%
$3,189/mo
$323less per month with the assumable

Your Savings on This Property

9423 Fairway Glen Drive, Peyton ยท 5.51% VA vs 6.5% conventional

$323
per month
$3,880
per year
$116,415
over 30 years
$121,747
interest saved
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