Loan Comparison: 5.54% vs 6.5%
9744 Rubicon Drive, Colorado Springs, CO 80925 ยท 3bd/3ba ยท $429,900
List Price
$429,900
Assumable Rate
5.54%
Remaining Balance
$410,630
Equity Gap
$19,269
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($19,269) is less than 5% of the purchase price ($21,495). Your down payment covers the full gap with no second mortgage required.
Down Payment
$19,269
Effective Rate
5.54%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,581/moAssumable @ 5.54%
$2,342/mo$240less per month with the assumable
Your Savings on This Property
9744 Rubicon Drive, Colorado Springs ยท 5.54% VA vs 6.5% conventional
$240
per month
$2,875
per year
$86,245
over 30 years
$88,470
interest saved
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