Loan Comparison: 3.07% vs 6.5%

8375 Silver Glen, Fountain, CO 80817 · 3bd/2ba · $370,000

List Price
$370,000
Assumable Rate
3.07%
Remaining Balance
$366,031
Equity Gap
$3,969
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($3,969) is less than 5% of the purchase price ($18,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$3,969
Effective Rate
3.07%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,222/mo
Assumable @ 3.07%
$1,557/mo
$665less per month with the assumable

Your Savings on This Property

8375 Silver Glen, Fountain · 3.07% VA vs 6.5% conventional

$665
per month
$7,976
per year
$239,279
over 30 years
$253,810
interest saved
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