Loan Comparison: 3.76% vs 6.5%

776 Bosque Vista Point, Colorado Springs, CO 80916 ยท 3bd/3ba ยท $328,000

List Price
$328,000
Assumable Rate
3.76%
Remaining Balance
$323,017
Equity Gap
$4,983
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($4,983) is less than 5% of the purchase price ($16,400). Your down payment covers the full gap with no second mortgage required.

Down Payment
$4,983
Effective Rate
3.76%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,970/mo
Assumable @ 3.76%
$1,498/mo
$472less per month with the assumable

Your Savings on This Property

776 Bosque Vista Point, Colorado Springs ยท 3.76% VA vs 6.5% conventional

$472
per month
$5,661
per year
$169,829
over 30 years
$181,246
interest saved
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