Loan Comparison: 3.02% vs 6.5%
1750 Gaylord, Denver, CO 80206 · 1bd/1ba · $229,000
List Price
$229,000
Assumable Rate
3.02%
Remaining Balance
$221,219
Equity Gap
$7,781
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($7,781) is less than 5% of the purchase price ($11,450). Your down payment covers the full gap with no second mortgage required.
Down Payment
$7,781
Effective Rate
3.02%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,375/moAssumable @ 3.02%
$935/mo$440less per month with the assumable
Your Savings on This Property
1750 Gaylord, Denver · 3.02% VA vs 6.5% conventional
$440
per month
$5,280
per year
$158,403
over 30 years
$162,072
interest saved
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