Loan Comparison: 5.1% vs 6.5%

33 Briargate, Pueblo, CO 81001 ยท 4bd/3ba ยท $350,000

List Price
$350,000
Assumable Rate
5.1%
Remaining Balance
$355,881
Equity Gap
$-5,881
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-5,881) is less than 5% of the purchase price ($17,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-5,881
Effective Rate
5.1%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,102/mo
Assumable @ 5.1%
$1,932/mo
$169less per month with the assumable

Your Savings on This Property

33 Briargate, Pueblo ยท 5.1% VA vs 6.5% conventional

$169
per month
$2,032
per year
$60,974
over 30 years
$84,355
interest saved
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