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
VANo 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/moAssumable @ 7.79%
$2,622/moYour 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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