Loan Comparison: 3.76% vs 6.5%

1310 Alton, Aurora, CO 80010 · 2bd/1ba · $395,000

List Price
$395,000
Assumable Rate
3.76%
Remaining Balance
$388,807
Equity Gap
$6,193
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($6,193) is less than 5% of the purchase price ($19,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$6,193
Effective Rate
3.76%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,372/mo
Assumable @ 3.76%
$1,803/mo
$569less per month with the assumable

Your Savings on This Property

1310 Alton, Aurora · 3.76% VA vs 6.5% conventional

$569
per month
$6,828
per year
$204,841
over 30 years
$218,398
interest saved
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