🏠The Assumable Guy

Loan Comparison: 5.22% vs 6.5%

10 Teller, Lakewood, CO 80226 · 4bd/2ba · $619,000

List Price
$619,000
Assumable Rate
5.22%
Remaining Balance
$594,598
Equity Gap
$24,401
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($24,401) is less than 5% of the purchase price ($30,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$24,401
Effective Rate
5.22%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,717/mo
Assumable @ 5.22%
$3,272/mo
$445less per month with the assumable

Your Savings on This Property

10 Teller, Lakewood · 5.22% VA vs 6.5% conventional

$445
per month
$5,334
per year
$160,028
over 30 years
$166,576
interest saved
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