Loan Comparison: 6.22% vs 6.5%
4608 Gneiss Loop, Colorado Springs, CO 80938 ยท 4bd/3ba ยท $459,000
List Price
$459,000
Assumable Rate
6.22%
Remaining Balance
$449,423
Equity Gap
$9,576
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($9,576) is less than 5% of the purchase price ($22,950). Your down payment covers the full gap with no second mortgage required.
Down Payment
$9,576
Effective Rate
6.22%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,756/moAssumable @ 6.22%
$2,758/moYour Savings on This Property
4608 Gneiss Loop, Colorado Springs ยท 6.22% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$12,553
interest saved
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