Loan Comparison: 5.41% vs 6.5%

7315 Colonial, Fountain, CO 80817 ยท 4bd/2ba ยท $384,000

List Price
$384,000
Assumable Rate
5.41%
Remaining Balance
$393,452
Equity Gap
$-9,452
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-9,452) is less than 5% of the purchase price ($19,200). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-9,452
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,306/mo
Assumable @ 5.41%
$2,212/mo
$94less per month with the assumable

Your Savings on This Property

7315 Colonial, Fountain ยท 5.41% VA vs 6.5% conventional

$94
per month
$1,128
per year
$33,830
over 30 years
$62,482
interest saved
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