🏠The Assumable Guy

Loan Comparison: 6.37% vs 6.5%

1068 Mt Oxford Avenue, Severance, CO 80550 · 3bd/3ba · $475,000

List Price
$475,000
Assumable Rate
6.37%
Remaining Balance
$454,693
Equity Gap
$20,306
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($20,306) is less than 5% of the purchase price ($23,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$20,306
Effective Rate
6.37%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,852/mo
Assumable @ 6.37%
$2,835/mo
$17less per month with the assumable

Your Savings on This Property

1068 Mt Oxford Avenue, Severance · 6.37% VA vs 6.5% conventional

$17
per month
$204
per year
$6,120
over 30 years
$9,563
interest saved
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