Loan Comparison: 6.65% vs 6.5%
5481 Barnstormers Avenue, Colorado Springs, CO 80911 ยท 4bd/2ba ยท $500,000
List Price
$500,000
Assumable Rate
6.65%
Remaining Balance
$477,665
Equity Gap
$22,335
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($22,335) is less than 5% of the purchase price ($25,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$22,335
Effective Rate
6.65%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,002/moAssumable @ 6.65%
$3,066/moYour Savings on This Property
5481 Barnstormers Avenue, Colorado Springs ยท 6.65% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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