Loan Comparison: 3.45% vs 6.5%
10296 Hidden Park, Peyton, CO 80831 ยท 4bd/3ba ยท $485,000
List Price
$485,000
Assumable Rate
3.45%
Remaining Balance
$487,085
Equity Gap
$-2,085
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-2,085) is less than 5% of the purchase price ($24,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-2,085
Effective Rate
3.45%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,912/moAssumable @ 3.45%
$2,174/mo$739less per month with the assumable
Your Savings on This Property
10296 Hidden Park, Peyton ยท 3.45% VA vs 6.5% conventional
$739
per month
$8,863
per year
$265,895
over 30 years
$292,230
interest saved
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