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
VA

No 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/mo
Assumable @ 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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