Loan Comparison: 3.01% vs 6.5%

2713 2nd, Pueblo, CO 81003 ยท 3bd/1ba ยท $255,000

List Price
$255,000
Assumable Rate
3.01%
Remaining Balance
$245,991
Equity Gap
$9,009
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($9,009) is less than 5% of the purchase price ($12,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$9,009
Effective Rate
3.01%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,531/mo
Assumable @ 3.01%
$1,038/mo
$493less per month with the assumable

Your Savings on This Property

2713 2nd, Pueblo ยท 3.01% VA vs 6.5% conventional

$493
per month
$5,913
per year
$177,390
over 30 years
$181,131
interest saved
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