🏠The Assumable Guy

Loan Comparison: 6.15% vs 6.5%

1035 Wezel Drive, Colorado Springs, CO 80916 · 3bd/1ba · $400,000

List Price
$400,000
Assumable Rate
6.15%
Remaining Balance
$383,188
Equity Gap
$16,812
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($16,812) is less than 5% of the purchase price ($20,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,812
Effective Rate
6.15%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,402/mo
Assumable @ 6.15%
$2,334/mo
$67less per month with the assumable

Your Savings on This Property

1035 Wezel Drive, Colorado Springs · 6.15% VA vs 6.5% conventional

$67
per month
$808
per year
$24,253
over 30 years
$27,441
interest saved
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