Loan Comparison: 4.98% vs 6.5%
1541 Rose Quartz, Colorado Springs, CO 80908 · 3bd/3ba · $399,900
List Price
$399,900
Assumable Rate
4.98%
Remaining Balance
$435,011
Equity Gap
$-35,111
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-35,111) is less than 5% of the purchase price ($19,995). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-35,111
Effective Rate
4.98%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,401/moAssumable @ 4.98%
$2,330/mo$71less per month with the assumable
Your Savings on This Property
1541 Rose Quartz, Colorado Springs · 4.98% VA vs 6.5% conventional
$71
per month
$856
per year
$25,682
over 30 years
$80,788
interest saved
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