🏠The Assumable Guy

Loan Comparison: 4.72% vs 6.5%

5560 Whimsical Drive, Colorado Springs, CO 80917 · 3bd/1ba · $396,000

List Price
$396,000
Assumable Rate
4.72%
Remaining Balance
$394,658
Equity Gap
$1,342
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($1,342) is less than 5% of the purchase price ($19,800). Your down payment covers the full gap with no second mortgage required.

Down Payment
$1,342
Effective Rate
4.72%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,378/mo
Assumable @ 4.72%
$2,052/mo
$326less per month with the assumable

Your Savings on This Property

5560 Whimsical Drive, Colorado Springs · 4.72% VA vs 6.5% conventional

$326
per month
$3,915
per year
$117,449
over 30 years
$135,907
interest saved
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