🏠The Assumable Guy

Loan Comparison: 4.48% vs 6.5%

1230 Magnolia, Denver, CO 80220 · 3bd/2ba · $750,000

List Price
$750,000
Assumable Rate
4.48%
Remaining Balance
$740,387
Equity Gap
$8,374
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($8,374) is less than 5% of the purchase price ($37,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$8,374
Effective Rate
4.48%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$4,503/mo
Assumable @ 4.48%
$3,743/mo
$761less per month with the assumable

Your Savings on This Property

1230 Magnolia, Denver · 4.48% VA vs 6.5% conventional

$761
per month
$9,130
per year
$273,904
over 30 years
$301,791
interest saved
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