Loan Comparison: 6.32% vs 6.5%

1530 Norwood Avenue, Pueblo, CO 81001 ยท 3bd/2ba ยท $235,000

List Price
$235,000
Assumable Rate
6.32%
Remaining Balance
$225,719
Equity Gap
$9,281
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($9,281) is less than 5% of the purchase price ($11,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$9,281
Effective Rate
6.32%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,411/mo
Assumable @ 6.32%
$1,400/mo
$11less per month with the assumable

Your Savings on This Property

1530 Norwood Avenue, Pueblo ยท 6.32% VA vs 6.5% conventional

$11
per month
$132
per year
$3,963
over 30 years
$6,432
interest saved
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