Loan Comparison: 6.71% vs 6.5%
6291 Pilgrimage Road, Colorado Springs, CO 80925 ยท 2bd/2ba ยท $409,900
List Price
$409,900
Assumable Rate
6.71%
Remaining Balance
$394,934
Equity Gap
$14,965
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($14,965) is less than 5% of the purchase price ($20,495). Your down payment covers the full gap with no second mortgage required.
Down Payment
$14,965
Effective Rate
6.71%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,461/moAssumable @ 6.71%
$2,551/moYour Savings on This Property
6291 Pilgrimage Road, Colorado Springs ยท 6.71% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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