Loan Comparison: 6.81% vs 6.5%
4994 Independence Way, Denver, CO 80123 ยท 2bd/1ba ยท $625,000
List Price
$625,000
Assumable Rate
6.81%
Remaining Balance
$622,917
Equity Gap
$2,083
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($2,083) is less than 5% of the purchase price ($31,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$2,083
Effective Rate
6.81%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,753/moAssumable @ 6.81%
$4,065/moYour Savings on This Property
4994 Independence Way, Denver ยท 6.81% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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