Loan Comparison: 3.02% vs 6.5%
1043 Longspur, Colorado Springs, CO 80921 · 7bd/6ba · $4,200
List Price
$4,200
Assumable Rate
3.02%
Remaining Balance
$428,406
Equity Gap
$-424,206
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-424,206) is less than 5% of the purchase price ($210). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-424,206
Effective Rate
3.02%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$25/moAssumable @ 3.02%
$1,811/moYour Savings on This Property
1043 Longspur, Colorado Springs · 3.02% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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