Loan Comparison: 4.17% vs 6.5%
2130 Olympic, Colorado Springs, CO 80910 · 3bd/2ba · $265,000
List Price
$265,000
Assumable Rate
4.17%
Remaining Balance
$315,223
Equity Gap
$-50,223
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-50,223) is less than 5% of the purchase price ($13,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-50,223
Effective Rate
4.17%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,591/moAssumable @ 4.17%
$1,536/mo$55less per month with the assumable
Your Savings on This Property
2130 Olympic, Colorado Springs · 4.17% VA vs 6.5% conventional
$55
per month
$663
per year
$19,890
over 30 years
$83,363
interest saved
🏠
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