Loan Comparison: 6.81% vs 6.5%
3768 Vineyard Circle, Colorado Springs, CO 80922 ยท 4bd/2ba ยท $445,000
List Price
$445,000
Assumable Rate
6.81%
Remaining Balance
$441,581
Equity Gap
$3,418
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($3,418) is less than 5% of the purchase price ($22,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$3,418
Effective Rate
6.81%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,672/moAssumable @ 6.81%
$2,882/moYour Savings on This Property
3768 Vineyard Circle, Colorado Springs ยท 6.81% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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