🏠The Assumable Guy

Loan Comparison: 4.48% vs 6.5%

8358 Howell, Arvada, CO 80005 · 3bd/3ba · $625,000

List Price
$625,000
Assumable Rate
4.48%
Remaining Balance
$629,489
Equity Gap
$-4,489
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-4,489) is less than 5% of the purchase price ($31,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-4,489
Effective Rate
4.48%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,753/mo
Assumable @ 4.48%
$3,182/mo
$571less per month with the assumable

Your Savings on This Property

8358 Howell, Arvada · 4.48% VA vs 6.5% conventional

$571
per month
$6,850
per year
$205,507
over 30 years
$241,246
interest saved
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