Loan Comparison: 6.19% vs 6.5%
1215 Finch Avenue, Brighton, CO 80601 ยท 3bd/3ba ยท $460,000
List Price
$460,000
Assumable Rate
6.19%
Remaining Balance
$447,771
Equity Gap
$12,229
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($12,229) is less than 5% of the purchase price ($23,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$12,229
Effective Rate
6.19%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,762/moAssumable @ 6.19%
$2,740/mo$23less per month with the assumable
Your Savings on This Property
1215 Finch Avenue, Brighton ยท 6.19% VA vs 6.5% conventional
$23
per month
$271
per year
$8,130
over 30 years
$18,901
interest saved
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