Loan Comparison: 6.94% vs 6.5%

1380 Woodmoor Drive, Monument, CO 80132 ยท 4bd/3ba ยท $700,000

List Price
$700,000
Assumable Rate
6.94%
Remaining Balance
$688,144
Equity Gap
$11,855
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($11,855) is less than 5% of the purchase price ($35,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$11,855
Effective Rate
6.94%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$4,203/mo
Assumable @ 6.94%
$4,551/mo

Your Savings on This Property

1380 Woodmoor Drive, Monument ยท 6.94% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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