Loan Comparison: 2.25% vs 6.5%

8480 Rabbitbrush, Parker, CO 80134 ยท 3bd/1ba ยท $430,000

List Price
$430,000
Assumable Rate
2.25%
Remaining Balance
$542,778
Equity Gap
$-112,778
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-112,778) is less than 5% of the purchase price ($21,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-112,778
Effective Rate
2.25%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,582/mo
Assumable @ 2.25%
$2,075/mo
$507less per month with the assumable

Your Savings on This Property

8480 Rabbitbrush, Parker ยท 2.25% VA vs 6.5% conventional

$507
per month
$6,087
per year
$182,610
over 30 years
$316,888
interest saved
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