🏠The Assumable Guy

Loan Comparison: 4.48% vs 6.5%

927 Champion, Longmont, CO 80503 · 4bd/3ba · $600,000

List Price
$600,000
Assumable Rate
4.48%
Remaining Balance
$691,707
Equity Gap
$-91,707
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-91,707) is less than 5% of the purchase price ($30,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-91,707
Effective Rate
4.48%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,603/mo
Assumable @ 4.48%
$3,497/mo
$106less per month with the assumable

Your Savings on This Property

927 Champion, Longmont · 4.48% VA vs 6.5% conventional

$106
per month
$1,275
per year
$38,241
over 30 years
$159,948
interest saved
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