Loan Comparison: 5.5% vs 6.5%
3470 Poplar, Denver, CO 80224 · 2bd/2ba · $299,000
List Price
$299,000
Assumable Rate
5.5%
Remaining Balance
$322,897
Equity Gap
$-23,897
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-23,897) is less than 5% of the purchase price ($14,950). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-23,897
Effective Rate
5.5%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,795/moAssumable @ 5.5%
$1,833/moYour Savings on This Property
3470 Poplar, Denver · 5.5% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$25,173
interest saved
🏠
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