🏠The Assumable Guy

Loan Comparison: 3.01% vs 6.5%

18910 Archers Drive, Monument, CO 80132 · 5bd/5ba · $1,210,000

List Price
$1,210,000
Assumable Rate
3.01%
Remaining Balance
$1,184,224
Equity Gap
$25,775
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($25,775) is less than 5% of the purchase price ($60,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$25,775
Effective Rate
3.01%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$7,266/mo
Assumable @ 3.01%
$4,999/mo
$2,266less per month with the assumable

Your Savings on This Property

18910 Archers Drive, Monument · 3.01% VA vs 6.5% conventional

$2,266
per month
$27,198
per year
$815,939
over 30 years
$850,663
interest saved
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