🏠The Assumable Guy

Loan Comparison: 6.09% vs 6.5%

6184 Wood Bison Trail, Colorado Springs, CO 80925 · 4bd/3ba · $480,000

List Price
$480,000
Assumable Rate
6.09%
Remaining Balance
$461,960
Equity Gap
$18,039
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($18,039) is less than 5% of the purchase price ($24,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$18,039
Effective Rate
6.09%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,882/mo
Assumable @ 6.09%
$2,796/mo
$86less per month with the assumable

Your Savings on This Property

6184 Wood Bison Trail, Colorado Springs · 6.09% VA vs 6.5% conventional

$86
per month
$1,029
per year
$30,874
over 30 years
$36,834
interest saved
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