Loan Comparison: 3.7% vs 6.5%
2723 Scotchbroom, Colorado Springs, CO 80910 ยท 3bd/3ba ยท $1,750
List Price
$1,750
Assumable Rate
3.7%
Remaining Balance
$96,900
Equity Gap
$-95,150
Loan Type
VANo Secondary Financing Needed
The equity gap on this property ($-95,150) is less than 5% of the purchase price ($88). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-95,150
Effective Rate
3.7%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$11/moAssumable @ 3.7%
$446/moYour Savings on This Property
2723 Scotchbroom, Colorado Springs ยท 3.7% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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