🏠The Assumable Guy

Loan Comparison: 5.84% vs 6.5%

7637 Cat Tail Creek, Colorado Springs, CO 80923 · 5bd/3ba · $659,900

List Price
$659,900
Assumable Rate
5.84%
Remaining Balance
$634,346
Equity Gap
$25,554
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($25,554) is less than 5% of the purchase price ($32,995). Your down payment covers the full gap with no second mortgage required.

Down Payment
$25,554
Effective Rate
5.84%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,962/mo
Assumable @ 5.84%
$3,738/mo
$224less per month with the assumable

Your Savings on This Property

7637 Cat Tail Creek, Colorado Springs · 5.84% VA vs 6.5% conventional

$224
per month
$2,691
per year
$80,729
over 30 years
$88,170
interest saved
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