Loan Comparison: 5.52% vs 6.5%

9423 Fairway Glen Drive, Peyton, CO 80831 ยท 5bd/3ba ยท $584,900

List Price
$584,900
Assumable Rate
5.52%
Remaining Balance
$561,045
Equity Gap
$23,855
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($23,855) is less than 5% of the purchase price ($29,245). Your down payment covers the full gap with no second mortgage required.

Down Payment
$23,855
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,512/mo
Assumable @ 5.52%
$3,193/mo
$320less per month with the assumable

Your Savings on This Property

9423 Fairway Glen Drive, Peyton ยท 5.52% VA vs 6.5% conventional

$320
per month
$3,834
per year
$115,028
over 30 years
$120,418
interest saved
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