Loan Comparison: 5.014% vs 6.5%

21550 Alamo, Centennial, CO 80015 · 4bd/3ba · $550,000

List Price
$550,000
Assumable Rate
5.014%
Remaining Balance
$555,093
Equity Gap
$-5,093
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-5,093) is less than 5% of the purchase price ($27,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-5,093
Effective Rate
5.014%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,303/mo
Assumable @ 5.014%
$2,985/mo
$318less per month with the assumable

Your Savings on This Property

21550 Alamo, Centennial · 5.014% VA vs 6.5% conventional

$318
per month
$3,815
per year
$114,460
over 30 years
$147,053
interest saved
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