Loan Comparison: 7.09% vs 6.5%
7325 Sue Lane, Colorado Springs, CO 80925 ยท 5bd/3ba ยท $475,000
List Price
$475,000
Assumable Rate
7.09%
Remaining Balance
$471,721
Equity Gap
$3,279
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($3,279) is less than 5% of the purchase price ($23,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$3,279
Effective Rate
7.09%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,852/moAssumable @ 7.09%
$3,167/moYour Savings on This Property
7325 Sue Lane, Colorado Springs ยท 7.09% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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