Loan Comparison: 5.3% vs 6.5%
1408 Kiva, Pueblo, CO 81007 · 5bd/3ba · $632,900
List Price
$632,900
Assumable Rate
5.3%
Remaining Balance
$601,741
Equity Gap
$31,158
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($31,158) is less than 5% of the purchase price ($31,645). Your down payment covers the full gap with no second mortgage required.
Down Payment
$31,158
Effective Rate
5.3%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,800/moAssumable @ 5.3%
$3,341/mo$459less per month with the assumable
Your Savings on This Property
1408 Kiva, Pueblo · 5.3% VA vs 6.5% conventional
$459
per month
$5,506
per year
$165,184
over 30 years
$165,670
interest saved
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