Loan Comparison: 3.76% vs 6.5%
776 Bosque Vista, Colorado Springs, CO 80916 ยท 3bd/3ba ยท $340,000
List Price
$340,000
Assumable Rate
3.76%
Remaining Balance
$324,878
Equity Gap
$14,504
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($14,504) is less than 5% of the purchase price ($17,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$14,504
Effective Rate
3.76%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,042/moAssumable @ 3.76%
$1,506/mo$535less per month with the assumable
Your Savings on This Property
776 Bosque Vista, Colorado Springs ยท 3.76% VA vs 6.5% conventional
$535
per month
$6,422
per year
$192,663
over 30 years
$194,541
interest saved
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