Loan Comparison: 3.06% vs 6.5%

5164 Fennel, Colorado Springs, CO 80911 ยท 4bd/2ba ยท $2,500

List Price
$2,500
Assumable Rate
3.06%
Remaining Balance
$342,196
Equity Gap
$-339,696
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-339,696) is less than 5% of the purchase price ($125). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-339,696
Effective Rate
3.06%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$15/mo
Assumable @ 3.06%
$1,454/mo

Your Savings on This Property

5164 Fennel, Colorado Springs ยท 3.06% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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