Loan Comparison: 2.83% vs 6.5%
7267 Winterstone, Colorado Springs, CO 80927 · 6bd/4ba · $625,000
List Price
$625,000
Assumable Rate
2.83%
Remaining Balance
$688,247
Equity Gap
$-63,247
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-63,247) is less than 5% of the purchase price ($31,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-63,247
Effective Rate
2.83%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,753/moAssumable @ 2.83%
$2,839/mo$914less per month with the assumable
Your Savings on This Property
7267 Winterstone, Colorado Springs · 2.83% VA vs 6.5% conventional
$914
per month
$10,967
per year
$329,021
over 30 years
$423,518
interest saved
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