Loan Comparison: 5.23% vs 6.5%
660 Alton, Denver, CO 80247 · 2bd/2ba · $220,000
List Price
$220,000
Assumable Rate
5.23%
Remaining Balance
$302,523
Equity Gap
$-82,523
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-82,523) is less than 5% of the purchase price ($11,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-82,523
Effective Rate
5.23%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,321/moAssumable @ 5.23%
$1,667/moYour Savings on This Property
660 Alton, Denver · 5.23% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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