Loan Comparison: 3.5% vs 6.5%

2115 Golden Barrel, Colorado Springs, CO 80919 ยท 3bd/3ba ยท $2,300

List Price
$2,300
Assumable Rate
3.5%
Remaining Balance
$279,000
Equity Gap
$-276,700
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-276,700) is less than 5% of the purchase price ($115). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-276,700
Effective Rate
3.5%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$14/mo
Assumable @ 3.5%
$1,253/mo

Your Savings on This Property

2115 Golden Barrel, Colorado Springs ยท 3.5% VA vs 6.5% conventional

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