🏠The Assumable Guy

Loan Comparison: 6.27% vs 6.5%

7291 Preble Drive, Colorado Springs, CO 80915 · 3bd/3ba · $420,000

List Price
$420,000
Assumable Rate
6.27%
Remaining Balance
$412,202
Equity Gap
$7,797
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($7,797) is less than 5% of the purchase price ($21,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$7,797
Effective Rate
6.27%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,522/mo
Assumable @ 6.27%
$2,543/mo

Your Savings on This Property

7291 Preble Drive, Colorado Springs · 6.27% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$5,494
interest saved
🏠

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