🏠The Assumable Guy

Loan Comparison: 3% vs 6.5%

580 Clinton, Denver, CO 80247 · 2bd/2ba · $155,000

List Price
$155,000
Assumable Rate
3%
Remaining Balance
$182,450
Equity Gap
$-27,450
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-27,450) is less than 5% of the purchase price ($7,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-27,450
Effective Rate
3%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$931/mo
Assumable @ 3%
$769/mo
$162less per month with the assumable

Your Savings on This Property

580 Clinton, Denver · 3% VA vs 6.5% conventional

$162
per month
$1,938
per year
$58,141
over 30 years
$93,341
interest saved
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