🏠The Assumable Guy

Loan Comparison: 4.48% vs 6.5%

927 Champion, Longmont, CO 80503 · 4bd/3ba · $680,000

List Price
$680,000
Assumable Rate
4.48%
Remaining Balance
$694,018
Equity Gap
$-14,018
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-14,018) is less than 5% of the purchase price ($34,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-14,018
Effective Rate
4.48%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$4,083/mo
Assumable @ 4.48%
$3,508/mo
$575less per month with the assumable

Your Savings on This Property

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

$575
per month
$6,899
per year
$206,969
over 30 years
$254,987
interest saved
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