Loan Comparison: 3.07% vs 6.5%
10560 Racine, Commerce City, CO 80022 ยท 3bd/3ba ยท $449,000
List Price
$449,000
Assumable Rate
3.07%
Remaining Balance
$441,124
Equity Gap
$6,939
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($6,939) is less than 5% of the purchase price ($22,450). Your down payment covers the full gap with no second mortgage required.
Down Payment
$6,939
Effective Rate
3.07%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,696/moAssumable @ 3.07%
$1,876/mo$820less per month with the assumable
Your Savings on This Property
10560 Racine, Commerce City ยท 3.07% VA vs 6.5% conventional
$820
per month
$9,835
per year
$295,054
over 30 years
$309,628
interest saved
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