Loan Comparison: 7.07% vs 6.5%
5865 Quarry Street, Timnath, CO 80547 ยท 3bd/3ba ยท $689,000
List Price
$689,000
Assumable Rate
7.07%
Remaining Balance
$664,103
Equity Gap
$24,897
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($24,897) is less than 5% of the purchase price ($34,450). Your down payment covers the full gap with no second mortgage required.
Down Payment
$24,897
Effective Rate
7.07%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,137/moAssumable @ 7.07%
$4,450/moYour Savings on This Property
5865 Quarry Street, Timnath ยท 7.07% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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