Loan Comparison: 4.99% vs 6.5%
8964 Vanderwood, Colorado Springs, CO 80908 · 3bd/3ba · $529,900
List Price
$529,900
Assumable Rate
4.99%
Remaining Balance
$503,673
Equity Gap
$26,227
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($26,227) is less than 5% of the purchase price ($26,495). Your down payment covers the full gap with no second mortgage required.
Down Payment
$26,227
Effective Rate
4.99%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,182/moAssumable @ 4.99%
$2,701/mo$481less per month with the assumable
Your Savings on This Property
8964 Vanderwood, Colorado Springs · 4.99% VA vs 6.5% conventional
$481
per month
$5,773
per year
$173,201
over 30 years
$173,469
interest saved
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