🏠The Assumable Guy

Loan Comparison: 6.08% vs 6.5%

17955 Tom Boy Way, Monument, CO 80132 · 6bd/5ba · $649,000

List Price
$649,000
Assumable Rate
6.08%
Remaining Balance
$626,828
Equity Gap
$22,171
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($22,171) is less than 5% of the purchase price ($32,450). Your down payment covers the full gap with no second mortgage required.

Down Payment
$22,171
Effective Rate
6.08%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,897/mo
Assumable @ 6.08%
$3,790/mo
$107less per month with the assumable

Your Savings on This Property

17955 Tom Boy Way, Monument · 6.08% VA vs 6.5% conventional

$107
per month
$1,279
per year
$38,363
over 30 years
$48,641
interest saved
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