🏠The Assumable Guy

Loan Comparison: 5.81% vs 6.5%

1424 Bluemoon Drive, Longmont, CO 80504 · 3bd/3ba · $675,000

List Price
$675,000
Assumable Rate
5.81%
Remaining Balance
$651,508
Equity Gap
$23,491
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($23,491) is less than 5% of the purchase price ($33,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$23,491
Effective Rate
5.81%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$4,053/mo
Assumable @ 5.81%
$3,827/mo
$226less per month with the assumable

Your Savings on This Property

1424 Bluemoon Drive, Longmont · 5.81% VA vs 6.5% conventional

$226
per month
$2,715
per year
$81,448
over 30 years
$91,706
interest saved
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