🏠The Assumable Guy

Loan Comparison: 4.99% vs 6.5%

514 Coyote Willow Drive, Colorado Springs, CO 80921 · 5bd/4ba · $735,000

List Price
$735,000
Assumable Rate
4.99%
Remaining Balance
$704,274
Equity Gap
$30,725
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($30,725) is less than 5% of the purchase price ($36,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$30,725
Effective Rate
4.99%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$4,413/mo
Assumable @ 4.99%
$3,776/mo
$637less per month with the assumable

Your Savings on This Property

514 Coyote Willow Drive, Colorado Springs · 4.99% VA vs 6.5% conventional

$637
per month
$7,644
per year
$229,328
over 30 years
$235,352
interest saved
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