🏠The Assumable Guy

Loan Comparison: 6.95% vs 6.5%

2940 Magic Carpet Loop, Colorado Springs, CO 80916 · 2bd/2ba · $389,999

List Price
$389,999
Assumable Rate
6.95%
Remaining Balance
$389,881
Equity Gap
$118
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($118) is less than 5% of the purchase price ($19,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$118
Effective Rate
6.95%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,342/mo
Assumable @ 6.95%
$2,581/mo

Your Savings on This Property

2940 Magic Carpet Loop, Colorado Springs · 6.95% VA vs 6.5% conventional

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

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