Loan Comparison: 7.03% vs 6.5%
4125 Bent Drive, Colorado Springs, CO 80909 ยท 4bd/4ba ยท $409,000
List Price
$409,000
Assumable Rate
7.03%
Remaining Balance
$400,047
Equity Gap
$8,953
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($8,953) is less than 5% of the purchase price ($20,450). Your down payment covers the full gap with no second mortgage required.
Down Payment
$8,953
Effective Rate
7.03%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,456/moAssumable @ 7.03%
$2,670/moYour Savings on This Property
4125 Bent Drive, Colorado Springs ยท 7.03% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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