Loan Comparison: 2.62% vs 6.5%

2025 Ironton St, Aurora, CO 80010 ยท 3bd/1ba ยท $281,600

List Price
$281,600
Assumable Rate
2.62%
Remaining Balance
$314,258
Equity Gap
$-32,658
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-32,658) is less than 5% of the purchase price ($14,080). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-32,658
Effective Rate
2.62%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,691/mo
Assumable @ 2.62%
$1,261/mo
$430less per month with the assumable

Your Savings on This Property

2025 Ironton St, Aurora ยท 2.62% VA vs 6.5% conventional

$430
per month
$5,154
per year
$154,625
over 30 years
$201,363
interest saved
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