Loan Comparison: 3.69% vs 6.5%
4709 Turquoise, Colorado Springs, CO 80917 ยท 4bd/2ba ยท $445,000
List Price
$445,000
Assumable Rate
3.69%
Remaining Balance
$425,066
Equity Gap
$19,934
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($19,934) is less than 5% of the purchase price ($22,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$19,934
Effective Rate
3.69%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,672/moAssumable @ 3.69%
$1,954/mo$718less per month with the assumable
Your Savings on This Property
4709 Turquoise, Colorado Springs ยท 3.69% VA vs 6.5% conventional
$718
per month
$8,616
per year
$258,467
over 30 years
$260,783
interest saved
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