Loan Comparison: 5.84% vs 6.5%

18035 Herrera, Parker, CO 80134 ยท 4bd/3ba ยท $739,900

List Price
$739,900
Assumable Rate
5.84%
Remaining Balance
$715,876
Equity Gap
$23,116
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($23,116) is less than 5% of the purchase price ($36,995). Your down payment covers the full gap with no second mortgage required.

Down Payment
$23,116
Effective Rate
5.84%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$4,443/mo
Assumable @ 5.84%
$4,219/mo
$224less per month with the assumable

Your Savings on This Property

18035 Herrera, Parker ยท 5.84% VA vs 6.5% conventional

$224
per month
$2,690
per year
$80,698
over 30 years
$93,669
interest saved
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