Loan Comparison: 6.26% vs 6.5%
1126 Maxwell Street, Colorado Springs, CO 80906 ยท 3bd/3ba ยท $333,000
List Price
$333,000
Assumable Rate
6.26%
Remaining Balance
$318,465
Equity Gap
$14,535
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($14,535) is less than 5% of the purchase price ($16,650). Your down payment covers the full gap with no second mortgage required.
Down Payment
$14,535
Effective Rate
6.26%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,000/moAssumable @ 6.26%
$1,963/mo$37less per month with the assumable
Your Savings on This Property
1126 Maxwell Street, Colorado Springs ยท 6.26% VA vs 6.5% conventional
$37
per month
$440
per year
$13,187
over 30 years
$15,302
interest saved
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