Loan Comparison: 5.22% vs 6.5%
14416 Hawaii, Aurora, CO 80012 ยท 2bd/2ba ยท $305,000
List Price
$305,000
Assumable Rate
5.22%
Remaining Balance
$311,094
Equity Gap
$-6,094
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-6,094) is less than 5% of the purchase price ($15,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-6,094
Effective Rate
5.22%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,831/moAssumable @ 5.22%
$1,712/mo$119less per month with the assumable
Your Savings on This Property
14416 Hawaii, Aurora ยท 5.22% VA vs 6.5% conventional
$119
per month
$1,432
per year
$42,955
over 30 years
$64,299
interest saved
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