Loan Comparison: 6.22% vs 6.5%

17624 Brass Buckle Way, Monument, CO 80132 ยท 4bd/3ba ยท $495,000

List Price
$495,000
Assumable Rate
6.22%
Remaining Balance
$476,764
Equity Gap
$18,236
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($18,236) is less than 5% of the purchase price ($24,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$18,236
Effective Rate
6.22%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,972/mo
Assumable @ 6.22%
$2,926/mo
$46less per month with the assumable

Your Savings on This Property

17624 Brass Buckle Way, Monument ยท 6.22% VA vs 6.5% conventional

$46
per month
$553
per year
$16,588
over 30 years
$23,102
interest saved
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