Loan Comparison: 2.77% vs 6.5%

18910 Archers Drive, Monument, CO 80132 ยท 5bd/5ba ยท $1,210,000

List Price
$1,210,000
Assumable Rate
2.77%
Remaining Balance
$1,179,343
Equity Gap
$30,657
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($30,657) is less than 5% of the purchase price ($60,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$30,657
Effective Rate
2.77%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$7,266/mo
Assumable @ 2.77%
$4,827/mo
$2,439less per month with the assumable

Your Savings on This Property

18910 Archers Drive, Monument ยท 2.77% VA vs 6.5% conventional

$2,439
per month
$29,263
per year
$877,880
over 30 years
$907,723
interest saved
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