Loan Comparison: 4.98% vs 6.5%
10959 Clarion, Colorado Springs, CO 80925 ยท 4bd/4ba ยท $380,000
List Price
$380,000
Assumable Rate
4.98%
Remaining Balance
$448,418
Equity Gap
$-68,418
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-68,418) is less than 5% of the purchase price ($19,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-68,418
Effective Rate
4.98%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,282/moAssumable @ 4.98%
$2,402/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
$44,232
interest saved
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