🏠The Assumable Guy

Loan Comparison: 6.35% vs 6.5%

6270 Ashridge Court, Colorado Springs, CO 80922 · 4bd/4ba · $429,900

List Price
$429,900
Assumable Rate
6.35%
Remaining Balance
$411,103
Equity Gap
$18,797
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($18,797) is less than 5% of the purchase price ($21,495). Your down payment covers the full gap with no second mortgage required.

Down Payment
$18,797
Effective Rate
6.35%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,581/mo
Assumable @ 6.35%
$2,558/mo
$23less per month with the assumable

Your Savings on This Property

6270 Ashridge Court, Colorado Springs · 6.35% FHA vs 6.5% conventional

$23
per month
$280
per year
$8,412
over 30 years
$11,110
interest saved
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