Loan Comparison: 7.79% vs 6.5%

1212 Rainier Drive, Colorado Springs, CO 80910 ยท 4bd/2ba ยท $365,000

List Price
$365,000
Assumable Rate
7.79%
Remaining Balance
$364,583
Equity Gap
$417
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($417) is less than 5% of the purchase price ($18,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$417
Effective Rate
7.79%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,192/mo
Assumable @ 7.79%
$2,622/mo

Your Savings on This Property

1212 Rainier Drive, Colorado Springs ยท 7.79% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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