🏠The Assumable Guy

Loan Comparison: 6.9% vs 6.5%

624 Del Norte Street, Colorado Springs, CO 80907 · 2bd/1ba · $498,000

List Price
$498,000
Assumable Rate
6.9%
Remaining Balance
$493,333
Equity Gap
$4,667
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($4,667) is less than 5% of the purchase price ($24,900). Your down payment covers the full gap with no second mortgage required.

Down Payment
$4,667
Effective Rate
6.9%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,990/mo
Assumable @ 6.9%
$3,249/mo

Your Savings on This Property

624 Del Norte Street, Colorado Springs · 6.9% VA vs 6.5% conventional

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

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