Loan Comparison: 5.41% vs 6.5%

8114 Cedar Chase Drive, Fountain, CO 80817 ยท 4bd/3ba ยท $458,900

List Price
$458,900
Assumable Rate
5.41%
Remaining Balance
$436,630
Equity Gap
$22,269
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($22,269) is less than 5% of the purchase price ($22,945). Your down payment covers the full gap with no second mortgage required.

Down Payment
$22,269
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,756/mo
Assumable @ 5.41%
$2,455/mo
$301less per month with the assumable

Your Savings on This Property

8114 Cedar Chase Drive, Fountain ยท 5.41% VA vs 6.5% conventional

$301
per month
$3,612
per year
$108,358
over 30 years
$109,033
interest saved
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