Loan Comparison: 4.98% vs 6.5%
3150 Bridgewater, Colorado Springs, CO 80916 Β· 3bd/2ba Β· $249,900
List Price
$249,900
Assumable Rate
4.98%
Remaining Balance
$293,891
Equity Gap
$-43,991
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-43,991) is less than 5% of the purchase price ($12,495). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-43,991
Effective Rate
4.98%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,501/moAssumable @ 4.98%
$1,574/moYour Savings on This Property
3150 Bridgewater, Colorado Springs Β· 4.98% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$30,019
interest saved
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