🏠The Assumable Guy

Loan Comparison: 2.86% vs 6.5%

3317 Bijou Street, Colorado Springs, CO 80904 · 4bd/3ba · $455,000

List Price
$455,000
Assumable Rate
2.86%
Remaining Balance
$439,362
Equity Gap
$15,638
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($15,638) is less than 5% of the purchase price ($22,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$15,638
Effective Rate
2.86%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,732/mo
Assumable @ 2.86%
$1,819/mo
$913less per month with the assumable

Your Savings on This Property

3317 Bijou Street, Colorado Springs · 2.86% VA vs 6.5% conventional

$913
per month
$10,953
per year
$328,592
over 30 years
$335,704
interest saved
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