🏠The Assumable Guy

Loan Comparison: 3% vs 6.5%

21891 7th, Aurora, CO 80018 · 3bd/3ba · $450,000

List Price
$450,000
Assumable Rate
3%
Remaining Balance
$456,737
Equity Gap
$-6,737
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-6,737) is less than 5% of the purchase price ($22,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-6,737
Effective Rate
3%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,702/mo
Assumable @ 3%
$1,926/mo
$776less per month with the assumable

Your Savings on This Property

21891 7th, Aurora · 3% VA vs 6.5% conventional

$776
per month
$9,318
per year
$279,529
over 30 years
$308,766
interest saved
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