Loan Comparison: 6.37% vs 6.5%
1874 Lanka Lane, Colorado Springs, CO 80915 ยท 3bd/2ba ยท $274,900
List Price
$274,900
Assumable Rate
6.37%
Remaining Balance
$273,961
Equity Gap
$938
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($938) is less than 5% of the purchase price ($13,745). Your down payment covers the full gap with no second mortgage required.
Down Payment
$938
Effective Rate
6.37%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,651/moAssumable @ 6.37%
$1,708/moYour Savings on This Property
1874 Lanka Lane, Colorado Springs ยท 6.37% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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