🏠The Assumable Guy

Loan Comparison: 5.27% vs 6.5%

6149 Mumford Drive, Colorado Springs, CO 80925 · 4bd/3ba · $436,500

List Price
$436,500
Assumable Rate
5.27%
Remaining Balance
$417,265
Equity Gap
$19,235
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($19,235) is less than 5% of the purchase price ($21,825). Your down payment covers the full gap with no second mortgage required.

Down Payment
$19,235
Effective Rate
5.27%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,621/mo
Assumable @ 5.27%
$2,309/mo
$312less per month with the assumable

Your Savings on This Property

6149 Mumford Drive, Colorado Springs · 5.27% VA vs 6.5% conventional

$312
per month
$3,740
per year
$112,213
over 30 years
$114,803
interest saved
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