Loan Comparison: 3.51% vs 6.5%

10600 Stonington, Highlands Ranch, CO 80126 ยท 5bd/5ba ยท $1,060,000

List Price
$1,060,000
Assumable Rate
3.51%
Remaining Balance
$1,047,482
Equity Gap
$10,464
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($10,464) is less than 5% of the purchase price ($53,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$10,464
Effective Rate
3.51%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$6,365/mo
Assumable @ 3.51%
$4,710/mo
$1,655less per month with the assumable

Your Savings on This Property

10600 Stonington, Highlands Ranch ยท 3.51% VA vs 6.5% conventional

$1,655
per month
$19,865
per year
$595,949
over 30 years
$636,431
interest saved
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