Loan Comparison: 5.11% vs 6.5%
13796 Park Meadows, Peyton, CO 80831 ยท 5bd/4ba ยท $630,000
List Price
$630,000
Assumable Rate
5.11%
Remaining Balance
$545,800
Equity Gap
$25,529
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($25,529) is less than 5% of the purchase price ($31,500). Your down payment covers the full gap with no second mortgage required.
Down Payment
$25,529
Effective Rate
5.11%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,783/moAssumable @ 5.11%
$2,967/mo$816less per month with the assumable
Your Savings on This Property
13796 Park Meadows, Peyton ยท 5.11% VA vs 6.5% conventional
$816
per month
$9,794
per year
$293,815
over 30 years
$241,115
interest saved
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