🏠The Assumable Guy

Loan Comparison: 3.07% vs 6.5%

6577 Rubicon, Colorado Springs, CO 80925 · 3bd/3ba · $333,000

List Price
$333,000
Assumable Rate
3.07%
Remaining Balance
$353,620
Equity Gap
$-20,620
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-20,620) is less than 5% of the purchase price ($16,650). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-20,620
Effective Rate
3.07%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,000/mo
Assumable @ 3.07%
$1,504/mo
$495less per month with the assumable

Your Savings on This Property

6577 Rubicon, Colorado Springs · 3.07% VA vs 6.5% conventional

$495
per month
$5,943
per year
$178,304
over 30 years
$215,574
interest saved
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