🏠The Assumable Guy

Loan Comparison: 6.78% vs 6.5%

503 Loomis Avenue, Colorado Springs, CO 80906 · 3bd/3ba · $399,900

List Price
$399,900
Assumable Rate
6.78%
Remaining Balance
$383,096
Equity Gap
$16,804
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($16,804) is less than 5% of the purchase price ($19,995). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,804
Effective Rate
6.78%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,401/mo
Assumable @ 6.78%
$2,492/mo

Your Savings on This Property

503 Loomis Avenue, Colorado Springs · 6.78% VA vs 6.5% conventional

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

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