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
VA

No 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/mo
Assumable @ 4.98%
$2,409/mo

Your 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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