🏠The Assumable Guy

Loan Comparison: 7.22% vs 6.5%

7448 Alameda Court, Colorado Springs, CO 80920 · 2bd/2ba · $329,999

List Price
$329,999
Assumable Rate
7.22%
Remaining Balance
$322,162
Equity Gap
$7,836
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($7,836) is less than 5% of the purchase price ($16,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$7,836
Effective Rate
7.22%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,982/mo
Assumable @ 7.22%
$2,191/mo

Your Savings on This Property

7448 Alameda Court, 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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