Loan Comparison: 5.52% vs 6.5%

8225 Fairmount, Denver, CO 80247 ยท 2bd/2ba ยท $295,000

List Price
$295,000
Assumable Rate
5.52%
Remaining Balance
$313,369
Equity Gap
$-18,369
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-18,369) is less than 5% of the purchase price ($14,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-18,369
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,771/mo
Assumable @ 5.52%
$1,783/mo

Your Savings on This Property

8225 Fairmount, Denver ยท 5.52% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$28,857
interest saved
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