Loan Comparison: 6.11% vs 6.5%
2238 Dawkins Drive, Castle Rock, CO 80104 ยท 4bd/4ba ยท $599,000
List Price
$599,000
Assumable Rate
6.11%
Remaining Balance
$580,873
Equity Gap
$18,126
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($18,126) is less than 5% of the purchase price ($29,950). Your down payment covers the full gap with no second mortgage required.
Down Payment
$18,126
Effective Rate
6.11%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,597/moAssumable @ 6.11%
$3,524/mo$73less per month with the assumable
Your Savings on This Property
2238 Dawkins Drive, Castle Rock ยท 6.11% VA vs 6.5% conventional
$73
per month
$876
per year
$26,269
over 30 years
$38,092
interest saved
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