🏠The Assumable Guy

Loan Comparison: 3.45% vs 6.5%

7769 Algonquian, Aurora, CO 80016 · 2bd/2ba · $600,000

List Price
$600,000
Assumable Rate
3.45%
Remaining Balance
$576,399
Equity Gap
$20,172
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($20,172) is less than 5% of the purchase price ($30,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$20,172
Effective Rate
3.45%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,603/mo
Assumable @ 3.45%
$2,572/mo
$1,031less per month with the assumable

Your Savings on This Property

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

$1,031
per month
$12,367
per year
$371,001
over 30 years
$377,400
interest saved
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