Loan Comparison: 3.55% vs 6.5%

5566 Ireland Street, Aurora, CO 80015 ยท 3bd/2ba ยท $545,000

List Price
$545,000
Assumable Rate
3.55%
Remaining Balance
$528,307
Equity Gap
$16,692
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($16,692) is less than 5% of the purchase price ($27,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,692
Effective Rate
3.55%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,273/mo
Assumable @ 3.55%
$2,387/mo
$885less per month with the assumable

Your Savings on This Property

5566 Ireland Street, Aurora ยท 3.55% VA vs 6.5% conventional

$885
per month
$10,625
per year
$318,754
over 30 years
$329,311
interest saved
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