🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

1031 Parkline, Monument, CO 80132 · 5bd/3ba · $599,000

List Price
$599,000
Assumable Rate
5.41%
Remaining Balance
$578,925
Equity Gap
$20,075
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($20,075) is less than 5% of the purchase price ($29,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$20,075
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,597/mo
Assumable @ 5.41%
$3,254/mo
$342less per month with the assumable

Your Savings on This Property

1031 Parkline, Monument · 5.41% VA vs 6.5% conventional

$342
per month
$4,108
per year
$123,237
over 30 years
$133,112
interest saved
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