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
$-9,452
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-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/moAssumable @ 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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