Loan Comparison: 2.25% vs 6.5%
1750 Gaylord, Denver, CO 80206 · 1bd/1ba · $227,000
List Price
$227,000
Assumable Rate
2.25%
Remaining Balance
$216,618
Equity Gap
$6,288
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($6,288) is less than 5% of the purchase price ($11,350). Your down payment covers the full gap with no second mortgage required.
Down Payment
$6,288
Effective Rate
2.25%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,363/moAssumable @ 2.25%
$828/mo$535less per month with the assumable
Your Savings on This Property
1750 Gaylord, Denver · 2.25% VA vs 6.5% conventional
$535
per month
$6,420
per year
$192,615
over 30 years
$193,583
interest saved
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