🏠The Assumable Guy

Loan Comparison: 3.75% vs 6.5%

10894 Willow Reed, Parker, CO 80134 · 5bd/3ba · $599,000

List Price
$599,000
Assumable Rate
3.75%
Remaining Balance
$631,040
Equity Gap
$-32,040
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-32,040) is less than 5% of the purchase price ($29,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-32,040
Effective Rate
3.75%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,597/mo
Assumable @ 3.75%
$2,922/mo
$674less per month with the assumable

Your Savings on This Property

10894 Willow Reed, Parker · 3.75% VA vs 6.5% conventional

$674
per month
$8,092
per year
$242,762
over 30 years
$304,752
interest saved
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