🏠The Assumable Guy

Loan Comparison: 5.22% vs 6.5%

10 Teller, Lakewood, CO 80226 · 4bd/2ba · $598,000

List Price
$598,000
Assumable Rate
5.22%
Remaining Balance
$593,739
Equity Gap
$2,546
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($2,546) is less than 5% of the purchase price ($29,900). Your down payment covers the full gap with no second mortgage required.

Down Payment
$2,546
Effective Rate
5.22%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,591/mo
Assumable @ 5.22%
$3,268/mo
$323less per month with the assumable

Your Savings on This Property

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

$323
per month
$3,878
per year
$116,335
over 30 years
$141,974
interest saved
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