Loan Comparison: 6.95% vs 6.5%
3786 Vineyard Circle, Colorado Springs, CO 80922 ยท 3bd/2ba ยท $455,000
List Price
$455,000
Assumable Rate
6.95%
Remaining Balance
$445,762
Equity Gap
$9,238
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($9,238) is less than 5% of the purchase price ($22,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$9,238
Effective Rate
6.95%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,732/moAssumable @ 6.95%
$2,951/moYour Savings on This Property
3786 Vineyard Circle, Colorado Springs ยท 6.95% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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