Loan Comparison: 6.94% vs 6.5%
310 Cielo Vista Street, Colorado Springs, CO 80911 ยท 3bd/3ba ยท $405,000
List Price
$405,000
Assumable Rate
6.94%
Remaining Balance
$387,303
Equity Gap
$17,697
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($17,697) is less than 5% of the purchase price ($20,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$17,697
Effective Rate
6.94%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,432/moAssumable @ 6.94%
$2,561/moYour Savings on This Property
310 Cielo Vista Street, Colorado Springs ยท 6.94% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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