🏠The Assumable Guy

Loan Comparison: 5.89% vs 6.5%

6231 Dayton Court, Denver, CO 80238 · 2bd/1ba · $590,000

List Price
$590,000
Assumable Rate
5.89%
Remaining Balance
$565,464
Equity Gap
$24,536
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($24,536) is less than 5% of the purchase price ($29,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$24,536
Effective Rate
5.89%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,543/mo
Assumable @ 5.89%
$3,350/mo
$192less per month with the assumable

Your Savings on This Property

6231 Dayton Court, Denver · 5.89% VA vs 6.5% conventional

$192
per month
$2,309
per year
$69,259
over 30 years
$74,223
interest saved
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