Loan Comparison: 4.48% vs 6.5%
4350 Reginold, Colorado Springs, CO 80906 ยท 5bd/4ba ยท $899,000
List Price
$899,000
Assumable Rate
4.48%
Remaining Balance
$860,509
Equity Gap
$37,058
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($37,058) is less than 5% of the purchase price ($44,950). Your down payment covers the full gap with no second mortgage required.
Down Payment
$37,058
Effective Rate
4.48%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,398/moAssumable @ 4.48%
$4,350/mo$1,048less per month with the assumable
Your Savings on This Property
4350 Reginold, Colorado Springs ยท 4.48% VA vs 6.5% conventional
$1,048
per month
$12,580
per year
$377,397
over 30 years
$383,856
interest saved
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