Loan Comparison: 6.5% vs 6.5%
5233 Palomino Ranch Point, Colorado Springs, CO 80922 · 3bd/2ba · $412,000
List Price
$412,000
Assumable Rate
6.5%
Remaining Balance
$411,738
Equity Gap
$261
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($261) is less than 5% of the purchase price ($20,600). Your down payment covers the full gap with no second mortgage required.
Down Payment
$261
Effective Rate
6.5%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,474/moAssumable @ 6.5%
$2,602/moYour Savings on This Property
5233 Palomino Ranch Point, Colorado Springs · 6.5% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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