🏠The Assumable Guy

Loan Comparison: 7.22% vs 6.5%

4621 Ports Down Lane, Colorado Springs, CO 80911 · 4bd/4ba · $307,000

List Price
$307,000
Assumable Rate
7.22%
Remaining Balance
$292,771
Equity Gap
$14,229
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($14,229) is less than 5% of the purchase price ($15,350). Your down payment covers the full gap with no second mortgage required.

Down Payment
$14,229
Effective Rate
7.22%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,843/mo
Assumable @ 7.22%
$1,991/mo

Your Savings on This Property

4621 Ports Down Lane, Colorado Springs · 7.22% FHA vs 6.5% conventional

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

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