🏠The Assumable Guy

Loan Comparison: 7.29% vs 6.5%

4953 Copen Drive, Colorado Springs, CO 80922 · 3bd/2ba · $425,000

List Price
$425,000
Assumable Rate
7.29%
Remaining Balance
$412,843
Equity Gap
$12,156
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($12,156) is less than 5% of the purchase price ($21,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$12,156
Effective Rate
7.29%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,552/mo
Assumable @ 7.29%
$2,828/mo

Your Savings on This Property

4953 Copen Drive, Colorado Springs · 7.29% VA vs 6.5% conventional

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

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