Loan Comparison: 5.23% vs 6.5%
19663 63rd Place, Aurora, CO 80019 ยท 3bd/2ba ยท $545,000
List Price
$545,000
Assumable Rate
5.23%
Remaining Balance
$539,103
Equity Gap
$5,896
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($5,896) is less than 5% of the purchase price ($27,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$5,896
Effective Rate
5.23%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,273/moAssumable @ 5.23%
$2,970/mo$302less per month with the assumable
Your Savings on This Property
19663 63rd Place, Aurora ยท 5.23% VA vs 6.5% conventional
$302
per month
$3,627
per year
$108,814
over 30 years
$130,167
interest saved
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