Loan Comparison: 3.45% vs 6.5%
3927 Whittier, Colorado Springs, CO 80910 ยท 3bd/2ba ยท $335,000
List Price
$335,000
Assumable Rate
3.45%
Remaining Balance
$333,617
Equity Gap
$1,382
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($1,382) is less than 5% of the purchase price ($16,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$1,382
Effective Rate
3.45%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,012/moAssumable @ 3.45%
$1,489/mo$523less per month with the assumable
Your Savings on This Property
3927 Whittier, Colorado Springs ยท 3.45% VA vs 6.5% conventional
$523
per month
$6,273
per year
$188,195
over 30 years
$203,562
interest saved
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