Loan Comparison: 5.23% vs 6.5%

11005 Quercia, Fountain, CO 80817 · 3bd/3ba · $410,000

List Price
$410,000
Assumable Rate
5.23%
Remaining Balance
$411,484
Equity Gap
$-1,484
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-1,484) is less than 5% of the purchase price ($20,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-1,484
Effective Rate
5.23%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,462/mo
Assumable @ 5.23%
$2,267/mo
$195less per month with the assumable

Your Savings on This Property

11005 Quercia, Fountain · 5.23% VA vs 6.5% conventional

$195
per month
$2,337
per year
$70,117
over 30 years
$92,101
interest saved
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