🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

565 Hanging Rock, Castle Rock, CO 80108 · 3bd/3ba · $485,000

List Price
$485,000
Assumable Rate
4.17%
Remaining Balance
$468,024
Equity Gap
$18,611
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($18,611) is less than 5% of the purchase price ($24,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$18,611
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,912/mo
Assumable @ 4.17%
$2,281/mo
$632less per month with the assumable

Your Savings on This Property

565 Hanging Rock, Castle Rock · 4.17% VA vs 6.5% conventional

$632
per month
$7,581
per year
$227,420
over 30 years
$234,694
interest saved
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