🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

1031 Parkline Lane, Monument, CO 80132 · 5bd/4ba · $595,000

List Price
$595,000
Assumable Rate
5.41%
Remaining Balance
$577,260
Equity Gap
$17,739
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($17,739) is less than 5% of the purchase price ($29,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$17,739
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,573/mo
Assumable @ 5.41%
$3,245/mo
$328less per month with the assumable

Your Savings on This Property

1031 Parkline Lane, Monument · 5.41% VA vs 6.5% conventional

$328
per month
$3,932
per year
$117,960
over 30 years
$129,970
interest saved
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