Loan Comparison: 5.25% vs 6.5%

21208 63rd, Aurora, CO 80019 · 3bd/3ba · $500,000

List Price
$500,000
Assumable Rate
5.25%
Remaining Balance
$491,367
Equity Gap
$8,632
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($8,632) is less than 5% of the purchase price ($25,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$8,632
Effective Rate
5.25%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,002/mo
Assumable @ 5.25%
$2,713/mo
$289less per month with the assumable

Your Savings on This Property

21208 63rd, Aurora · 5.25% VA vs 6.5% conventional

$289
per month
$3,468
per year
$104,031
over 30 years
$120,398
interest saved
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