🏠The Assumable Guy

Loan Comparison: 7.31% vs 6.5%

4473 Fenton Road, Colorado Springs, CO 80916 · 3bd/2ba · $370,000

List Price
$370,000
Assumable Rate
7.31%
Remaining Balance
$366,457
Equity Gap
$3,543
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($3,543) is less than 5% of the purchase price ($18,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$3,543
Effective Rate
7.31%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,222/mo
Assumable @ 7.31%
$2,515/mo

Your Savings on This Property

4473 Fenton Road, Colorado Springs · 7.31% VA vs 6.5% conventional

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

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