🏠The Assumable Guy

Loan Comparison: 6.43% vs 6.5%

855 Elk Way, Aurora, CO 80018 · 3bd/3ba · $614,500

List Price
$614,500
Assumable Rate
6.43%
Remaining Balance
$587,191
Equity Gap
$27,308
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($27,308) is less than 5% of the purchase price ($30,725). Your down payment covers the full gap with no second mortgage required.

Down Payment
$27,308
Effective Rate
6.43%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,690/mo
Assumable @ 6.43%
$3,684/mo
$5less per month with the assumable

Your Savings on This Property

855 Elk Way, Aurora · 6.43% VA vs 6.5% conventional

$5
per month
$65
per year
$1,944
over 30 years
$5,360
interest saved
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