Loan Comparison: 6.5% vs 6.5%
501 birch Drive, Colorado Springs, CO 80911 ยท 4bd/4ba ยท $415,000
List Price
$415,000
Assumable Rate
6.5%
Remaining Balance
$403,371
Equity Gap
$11,628
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($11,628) is less than 5% of the purchase price ($20,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$11,628
Effective Rate
6.5%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,492/moAssumable @ 6.5%
$2,550/moYour Savings on This Property
501 birch Drive, Colorado Springs ยท 6.5% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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