Loan Comparison: 5.89% vs 6.5%
6231 Dayton, Denver, CO 80238 · 3bd/4ba · $590,000
List Price
$590,000
Assumable Rate
5.89%
Remaining Balance
$567,735
Equity Gap
$20,768
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($20,768) is less than 5% of the purchase price ($29,500). Your down payment covers the full gap with no second mortgage required.
Down Payment
$20,768
Effective Rate
5.89%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,543/moAssumable @ 5.89%
$3,364/mo$179less per month with the assumable
Your Savings on This Property
6231 Dayton, Denver · 5.89% VA vs 6.5% conventional
$179
per month
$2,147
per year
$64,415
over 30 years
$71,650
interest saved
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