Loan Comparison: 6.99% vs 6.5%
3205 Cowhand Drive, Colorado Springs, CO 80922 ยท 4bd/4ba ยท $475,000
List Price
$475,000
Assumable Rate
6.99%
Remaining Balance
$467,479
Equity Gap
$7,521
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($7,521) is less than 5% of the purchase price ($23,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$7,521
Effective Rate
6.99%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,852/moAssumable @ 6.99%
$3,107/moYour Savings on This Property
3205 Cowhand Drive, Colorado Springs ยท 6.99% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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