Loan Comparison: 3.75% vs 6.5%
8199 Welby, Denver, CO 80229 ยท 2bd/1ba ยท $280,000
List Price
$280,000
Assumable Rate
3.75%
Remaining Balance
$19,227,190
Equity Gap
$-18,947,190
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-18,947,190) is less than 5% of the purchase price ($14,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-18,947,190
Effective Rate
3.75%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,681/moAssumable @ 3.75%
$89,044/moYour Savings on This Property
8199 Welby, Denver ยท 3.75% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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