Loan Comparison: 5.22% vs 6.5%
3001 Fountain, Colorado Springs, CO 80910 · 3bd/2ba · $175,000
List Price
$175,000
Assumable Rate
5.22%
Remaining Balance
$233,078
Equity Gap
$-58,078
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-58,078) is less than 5% of the purchase price ($8,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-58,078
Effective Rate
5.22%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,051/moAssumable @ 5.22%
$1,283/moYour Savings on This Property
3001 Fountain, Colorado Springs · 5.22% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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