Loan Comparison: 6.92% vs 6.5%
506 Ridge Road, Divide, CO 80814 ยท 4bd/3ba ยท $665,000
List Price
$665,000
Assumable Rate
6.92%
Remaining Balance
$641,938
Equity Gap
$23,062
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($23,062) is less than 5% of the purchase price ($33,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$23,062
Effective Rate
6.92%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,993/moAssumable @ 6.92%
$4,236/moYour Savings on This Property
506 Ridge Road, Divide ยท 6.92% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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