Loan Comparison: 3.06% vs 6.5%

10758 Witcher, Colorado Springs, CO 80925 ยท 4bd/3ba ยท $424,900

List Price
$424,900
Assumable Rate
3.06%
Remaining Balance
$436,568
Equity Gap
$-11,668
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-11,668) is less than 5% of the purchase price ($21,245). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-11,668
Effective Rate
3.06%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,551/mo
Assumable @ 3.06%
$1,855/mo
$697less per month with the assumable

Your Savings on This Property

10758 Witcher, Colorado Springs ยท 3.06% VA vs 6.5% conventional

$697
per month
$8,360
per year
$250,786
over 30 years
$283,699
interest saved
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