🏠The Assumable Guy

Loan Comparison: 4.92% vs 6.5%

5258 Inland Avenue, Firestone, CO 80504 · 3bd/3ba · $699,000

List Price
$699,000
Assumable Rate
4.92%
Remaining Balance
$665,611
Equity Gap
$33,388
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($33,388) is less than 5% of the purchase price ($34,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$33,388
Effective Rate
4.92%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$4,197/mo
Assumable @ 4.92%
$3,541/mo
$657less per month with the assumable

Your Savings on This Property

5258 Inland Avenue, Firestone · 4.92% VA vs 6.5% conventional

$657
per month
$7,879
per year
$236,368
over 30 years
$237,929
interest saved
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