🏠The Assumable Guy

Loan Comparison: 2.98% vs 6.5%

555 10th, Denver, CO 80203 · 2bd/1ba · $275,000

List Price
$275,000
Assumable Rate
2.98%
Remaining Balance
$275,480
Equity Gap
$-480
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-480) is less than 5% of the purchase price ($13,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-480
Effective Rate
2.98%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,651/mo
Assumable @ 2.98%
$1,158/mo
$493less per month with the assumable

Your Savings on This Property

555 10th, Denver · 2.98% VA vs 6.5% conventional

$493
per month
$5,914
per year
$177,412
over 30 years
$191,642
interest saved
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