Loan Comparison: 6.42% vs 6.5%
8441 Edison Drive, Denver, CO 80229 ยท 2bd/1ba ยท $435,000
List Price
$435,000
Assumable Rate
6.42%
Remaining Balance
$430,249
Equity Gap
$4,750
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($4,750) is less than 5% of the purchase price ($21,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$4,750
Effective Rate
6.42%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,612/moAssumable @ 6.42%
$2,697/moYour Savings on This Property
8441 Edison Drive, Denver ยท 6.42% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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