Loan Comparison: 6.71% vs 6.5%

17861 Smelting Rock Drive, Monument, CO 80132 ยท 4bd/3ba ยท $625,000

List Price
$625,000
Assumable Rate
6.71%
Remaining Balance
$611,551
Equity Gap
$13,448
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($13,448) is less than 5% of the purchase price ($31,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$13,448
Effective Rate
6.71%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,753/mo
Assumable @ 6.71%
$3,950/mo

Your Savings on This Property

17861 Smelting Rock Drive, Monument ยท 6.71% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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