Loan Comparison: 3.45% vs 6.5%

7769 Algonquian, Aurora, CO 80016 · 2bd/2ba · $550,000

List Price
$550,000
Assumable Rate
3.45%
Remaining Balance
$575,250
Equity Gap
$-25,250
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-25,250) is less than 5% of the purchase price ($27,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-25,250
Effective Rate
3.45%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,303/mo
Assumable @ 3.45%
$2,567/mo
$735less per month with the assumable

Your Savings on This Property

7769 Algonquian, Aurora · 3.45% VA vs 6.5% conventional

$735
per month
$8,825
per year
$264,764
over 30 years
$317,514
interest saved
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