Loan Comparison: 5.52% vs 6.5%
5775 29th, Greeley, CO 80634 · 2bd/2ba · $305,000
List Price
$305,000
Assumable Rate
5.52%
Remaining Balance
$312,805
Equity Gap
$-7,805
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-7,805) is less than 5% of the purchase price ($15,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-7,805
Effective Rate
5.52%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,831/moAssumable @ 5.52%
$1,780/mo$51less per month with the assumable
Your Savings on This Property
5775 29th, Greeley · 5.52% VA vs 6.5% conventional
$51
per month
$617
per year
$18,510
over 30 years
$41,565
interest saved
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