Loan Comparison: 4.98% vs 6.5%
12928 Ironstone, Parker, CO 80134 ยท 2bd/1ba ยท $299,900
List Price
$299,900
Assumable Rate
4.98%
Remaining Balance
$312,705
Equity Gap
$-12,805
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-12,805) is less than 5% of the purchase price ($14,995). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-12,805
Effective Rate
4.98%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,801/moAssumable @ 4.98%
$1,675/mo$126less per month with the assumable
Your Savings on This Property
12928 Ironstone, Parker ยท 4.98% VA vs 6.5% conventional
$126
per month
$1,511
per year
$45,340
over 30 years
$73,140
interest saved
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