🏠The Assumable Guy

Loan Comparison: 6.88% vs 6.5%

1023 Rice Drive, Colorado Springs, CO 80905 · 3bd/2ba · $325,000

List Price
$325,000
Assumable Rate
6.88%
Remaining Balance
$317,375
Equity Gap
$7,624
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($7,624) is less than 5% of the purchase price ($16,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$7,624
Effective Rate
6.88%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,952/mo
Assumable @ 6.88%
$2,086/mo

Your Savings on This Property

1023 Rice Drive, Colorado Springs · 6.88% VA vs 6.5% conventional

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

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