🏠The Assumable Guy

Loan Comparison: 6.72% vs 6.5%

3414 Pikes Peak Avenue, Colorado Springs, CO 80904 · 3bd/2ba · $500,000

List Price
$500,000
Assumable Rate
6.72%
Remaining Balance
$495,479
Equity Gap
$4,520
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($4,520) is less than 5% of the purchase price ($25,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$4,520
Effective Rate
6.72%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,002/mo
Assumable @ 6.72%
$3,204/mo

Your Savings on This Property

3414 Pikes Peak Avenue, Colorado Springs · 6.72% VA vs 6.5% conventional

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

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