🏠The Assumable Guy

Loan Comparison: 3.07% vs 6.5%

1020 15th, Denver, CO 80202 · 0bd/1ba · $215,000

List Price
$215,000
Assumable Rate
3.07%
Remaining Balance
$204,299
Equity Gap
$9,403
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($9,403) is less than 5% of the purchase price ($10,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$9,403
Effective Rate
3.07%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,291/mo
Assumable @ 3.07%
$869/mo
$422less per month with the assumable

Your Savings on This Property

1020 15th, Denver · 3.07% VA vs 6.5% conventional

$422
per month
$5,063
per year
$151,896
over 30 years
$151,945
interest saved
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