🏠The Assumable Guy

Loan Comparison: 5.22% vs 6.5%

14416 Hawaii, Aurora, CO 80012 · 2bd/2ba · $305,000

List Price
$305,000
Assumable Rate
5.22%
Remaining Balance
$311,550
Equity Gap
$-6,550
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-6,550) is less than 5% of the purchase price ($15,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-6,550
Effective Rate
5.22%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,831/mo
Assumable @ 5.22%
$1,715/mo
$117less per month with the assumable

Your Savings on This Property

14416 Hawaii, Aurora · 5.22% VA vs 6.5% conventional

$117
per month
$1,402
per year
$42,052
over 30 years
$63,852
interest saved
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