🏠The Assumable Guy

Loan Comparison: 6.87% vs 6.5%

2305 Falkirk Drive, Colorado Springs, CO 80910 · 3bd/2ba · $450,000

List Price
$450,000
Assumable Rate
6.87%
Remaining Balance
$433,316
Equity Gap
$16,683
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($16,683) is less than 5% of the purchase price ($22,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,683
Effective Rate
6.87%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,702/mo
Assumable @ 6.87%
$2,845/mo

Your Savings on This Property

2305 Falkirk Drive, Colorado Springs · 6.87% VA vs 6.5% conventional

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

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