🏠The Assumable Guy

Loan Comparison: 5.3% vs 6.5%

6425 Dancing Star Way, Colorado Springs, CO 80911 · 3bd/3ba · $440,000

List Price
$440,000
Assumable Rate
5.3%
Remaining Balance
$422,093
Equity Gap
$17,907
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($17,907) is less than 5% of the purchase price ($22,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$17,907
Effective Rate
5.3%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,642/mo
Assumable @ 5.3%
$2,344/mo
$298less per month with the assumable

Your Savings on This Property

6425 Dancing Star Way, Colorado Springs · 5.3% VA vs 6.5% conventional

$298
per month
$3,578
per year
$107,331
over 30 years
$111,424
interest saved
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