Loan Comparison: 2.87% vs 6.5%
585 Blossom Field, Fountain, CO 80817 · 3bd/1ba · $325,000
List Price
$325,000
Assumable Rate
2.87%
Remaining Balance
$313,379
Equity Gap
$10,929
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($10,929) is less than 5% of the purchase price ($16,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$10,929
Effective Rate
2.87%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,952/moAssumable @ 2.87%
$1,299/mo$652less per month with the assumable
Your Savings on This Property
585 Blossom Field, Fountain · 2.87% VA vs 6.5% conventional
$652
per month
$7,826
per year
$234,778
over 30 years
$239,407
interest saved
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