Loan Comparison: 2.87% vs 6.5%
585 Blossom Field, Fountain, CO 80817 · 3bd/1ba · $319,000
List Price
$319,000
Assumable Rate
2.87%
Remaining Balance
$312,686
Equity Gap
$6,313
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($6,313) is less than 5% of the purchase price ($15,950). Your down payment covers the full gap with no second mortgage required.
Down Payment
$6,313
Effective Rate
2.87%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,915/moAssumable @ 2.87%
$1,296/mo$619less per month with the assumable
Your Savings on This Property
585 Blossom Field, Fountain · 2.87% VA vs 6.5% conventional
$619
per month
$7,428
per year
$222,843
over 30 years
$232,479
interest saved
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