Loan Comparison: 5.84% vs 6.5%
899 McMurdo Circle, Castle Rock, CO 80108 ยท 5bd/4ba ยท $775,000
List Price
$775,000
Assumable Rate
5.84%
Remaining Balance
$747,093
Equity Gap
$27,907
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($27,907) is less than 5% of the purchase price ($38,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$27,907
Effective Rate
5.84%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,654/moAssumable @ 5.84%
$4,403/mo$251less per month with the assumable
Your Savings on This Property
899 McMurdo Circle, Castle Rock ยท 5.84% VA vs 6.5% conventional
$251
per month
$3,012
per year
$90,346
over 30 years
$101,189
interest saved
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