🏠The Assumable Guy

Loan Comparison: 6.7% vs 6.5%

1204 Burnham Street, Colorado Springs, CO 80906 · 2bd/2ba · $320,000

List Price
$320,000
Assumable Rate
6.7%
Remaining Balance
$312,001
Equity Gap
$7,999
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($7,999) is less than 5% of the purchase price ($16,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$7,999
Effective Rate
6.7%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,921/mo
Assumable @ 6.7%
$2,013/mo

Your Savings on This Property

1204 Burnham Street, Colorado Springs · 6.7% FHA vs 6.5% conventional

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

Back to This Listing

View photos, details, and request a showing for 1204 Burnham Street.

View Listing Details
📈

Interested in This Home?

Get full loan details and schedule a showing. Free, no obligation.

Free. No spam. We personally respond within 24 hours.

By submitting, you consent to be contacted by The Assumable Guy via phone, text, and email regarding assumable mortgage properties. Message & data rates may apply. Reply STOP to opt out.