🏠The Assumable Guy

Loan Comparison: 2.77% vs 6.5%

18910 Archers, Monument, CO 80132 · 6bd/5ba · $1,210,000

List Price
$1,210,000
Assumable Rate
2.77%
Remaining Balance
$1,184,685
Equity Gap
$19,997
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($19,997) is less than 5% of the purchase price ($60,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$19,997
Effective Rate
2.77%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$7,266/mo
Assumable @ 2.77%
$4,849/mo
$2,417less per month with the assumable

Your Savings on This Property

18910 Archers, Monument · 2.77% VA vs 6.5% conventional

$2,417
per month
$29,000
per year
$870,009
over 30 years
$905,194
interest saved
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