Loan Comparison: 4.98% vs 6.5%
10959 Clarion, Colorado Springs, CO 80925 ยท 4bd/4ba ยท $399,000
List Price
$399,000
Assumable Rate
4.98%
Remaining Balance
$449,827
Equity Gap
$-50,827
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-50,827) is less than 5% of the purchase price ($19,950). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-50,827
Effective Rate
4.98%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,396/moAssumable @ 4.98%
$2,409/moYour Savings on This Property
10959 Clarion, Colorado Springs ยท 4.98% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$65,946
interest saved
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