🏠The Assumable Guy

Loan Comparison: 5.25% vs 6.5%

4803 Brant Road, Colorado Springs, CO 80911 · 3bd/2ba · $369,900

List Price
$369,900
Assumable Rate
5.25%
Remaining Balance
$364,431
Equity Gap
$5,469
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($5,469) is less than 5% of the purchase price ($18,495). Your down payment covers the full gap with no second mortgage required.

Down Payment
$5,469
Effective Rate
5.25%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,221/mo
Assumable @ 5.25%
$2,012/mo
$209less per month with the assumable

Your Savings on This Property

4803 Brant Road, Colorado Springs · 5.25% VA vs 6.5% conventional

$209
per month
$2,505
per year
$75,138
over 30 years
$88,164
interest saved
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