Loan Comparison: 7.08% vs 6.5%
4002 Shelley Avenue, Colorado Springs, CO 80910 ยท 2bd/2ba ยท $349,900
List Price
$349,900
Assumable Rate
7.08%
Remaining Balance
$336,223
Equity Gap
$13,676
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($13,676) is less than 5% of the purchase price ($17,495). Your down payment covers the full gap with no second mortgage required.
Down Payment
$13,676
Effective Rate
7.08%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,101/moAssumable @ 7.08%
$2,255/moYour Savings on This Property
4002 Shelley Avenue, Colorado Springs ยท 7.08% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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