Loan Comparison: 6.78% vs 6.5%
5663 Mesa Mountain Way, Colorado Springs, CO 80923 ยท 3bd/2ba ยท $455,000
List Price
$455,000
Assumable Rate
6.78%
Remaining Balance
$453,524
Equity Gap
$1,476
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($1,476) is less than 5% of the purchase price ($22,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$1,476
Effective Rate
6.78%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,732/moAssumable @ 6.78%
$2,951/moYour Savings on This Property
5663 Mesa Mountain Way, Colorado Springs ยท 6.78% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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