Loan Comparison: 5.54% vs 6.5%

17067 Blue Mist Grove, Monument, CO 80132 ยท 4bd/3ba ยท $385,000

List Price
$385,000
Assumable Rate
5.54%
Remaining Balance
$371,454
Equity Gap
$13,546
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($13,546) is less than 5% of the purchase price ($19,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$13,546
Effective Rate
5.54%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,312/mo
Assumable @ 5.54%
$2,118/mo
$193less per month with the assumable

Your Savings on This Property

17067 Blue Mist Grove, Monument ยท 5.54% VA vs 6.5% conventional

$193
per month
$2,321
per year
$69,618
over 30 years
$75,322
interest saved
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