Loan Comparison: 5.52% vs 6.5%
5775 29th, Greeley, CO 80634 ยท 2bd/2ba ยท $300,000
List Price
$300,000
Assumable Rate
5.52%
Remaining Balance
$311,051
Equity Gap
$-11,051
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-11,051) is less than 5% of the purchase price ($15,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-11,051
Effective Rate
5.52%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,801/moAssumable @ 5.52%
$1,770/mo$31less per month with the assumable
Your Savings on This Property
5775 29th, Greeley ยท 5.52% VA vs 6.5% conventional
$31
per month
$377
per year
$11,295
over 30 years
$37,346
interest saved
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