🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

20394 Colgate Place, Aurora, CO 80013 · 4bd/3ba · $599,000

List Price
$599,000
Assumable Rate
4.17%
Remaining Balance
$585,571
Equity Gap
$13,429
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($13,429) is less than 5% of the purchase price ($29,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$13,429
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,597/mo
Assumable @ 4.17%
$2,853/mo
$743less per month with the assumable

Your Savings on This Property

20394 Colgate Place, Aurora · 4.17% VA vs 6.5% conventional

$743
per month
$8,922
per year
$267,654
over 30 years
$284,175
interest saved
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