Loan Comparison: 4.98% vs 6.5%
3652 Pacific, Colorado Springs, CO 80910 Β· 3bd/2ba Β· $265,000
List Price
$265,000
Assumable Rate
4.98%
Remaining Balance
$327,616
Equity Gap
$-62,616
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-62,616) is less than 5% of the purchase price ($13,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-62,616
Effective Rate
4.98%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,591/moAssumable @ 4.98%
$1,755/moYour Savings on This Property
3652 Pacific, Colorado Springs Β· 4.98% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$17,013
interest saved
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