Loan Comparison: 2.78% vs 6.5%

4470 Monica, Colorado Springs, CO 80916 ยท 4bd/2ba ยท $2,045

List Price
$2,045
Assumable Rate
2.78%
Remaining Balance
$340,691
Equity Gap
$-338,646
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-338,646) is less than 5% of the purchase price ($102). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-338,646
Effective Rate
2.78%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$12/mo
Assumable @ 2.78%
$1,396/mo

Your Savings on This Property

4470 Monica, Colorado Springs ยท 2.78% VA vs 6.5% conventional

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