Loan Comparison: 5.23% vs 6.5%
4229 Hunts Mill, Colorado Springs, CO 80910 · 3bd/2ba · $225,000
List Price
$225,000
Assumable Rate
5.23%
Remaining Balance
$298,577
Equity Gap
$-73,577
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-73,577) is less than 5% of the purchase price ($11,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-73,577
Effective Rate
5.23%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,351/moAssumable @ 5.23%
$1,645/moYour Savings on This Property
4229 Hunts Mill, Colorado Springs · 5.23% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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