🏠The Assumable Guy

Loan Comparison: 3.1% vs 6.5%

1645 Chester, Denver, CO 80247 · 3bd/3ba · $459,900

List Price
$459,900
Assumable Rate
3.1%
Remaining Balance
$450,616
Equity Gap
$9,284
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($9,284) is less than 5% of the purchase price ($22,995). Your down payment covers the full gap with no second mortgage required.

Down Payment
$9,284
Effective Rate
3.1%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,762/mo
Assumable @ 3.1%
$1,924/mo
$837less per month with the assumable

Your Savings on This Property

1645 Chester, Denver · 3.1% VA vs 6.5% conventional

$837
per month
$10,048
per year
$301,440
over 30 years
$315,151
interest saved
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