🏠The Assumable Guy

Loan Comparison: 5.22% vs 6.5%

1121 12th, Greeley, CO 80631 · 3bd/1ba · $340,000

List Price
$340,000
Assumable Rate
5.22%
Remaining Balance
$332,403
Equity Gap
$7,597
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($7,597) is less than 5% of the purchase price ($17,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$7,597
Effective Rate
5.22%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,042/mo
Assumable @ 5.22%
$1,829/mo
$212less per month with the assumable

Your Savings on This Property

1121 12th, Greeley · 5.22% VA vs 6.5% conventional

$212
per month
$2,547
per year
$76,395
over 30 years
$85,798
interest saved
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