🏠The Assumable Guy

Loan Comparison: 3.75% vs 6.5%

77 Sun Up, Erie, CO 80516 · 4bd/3ba · $800,000

List Price
$800,000
Assumable Rate
3.75%
Remaining Balance
$843,523
Equity Gap
$-43,523
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-43,523) is less than 5% of the purchase price ($40,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-43,523
Effective Rate
3.75%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$4,804/mo
Assumable @ 3.75%
$3,906/mo
$897less per month with the assumable

Your Savings on This Property

77 Sun Up, Erie · 3.75% VA vs 6.5% conventional

$897
per month
$10,767
per year
$323,003
over 30 years
$406,526
interest saved
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