🏠The Assumable Guy

Loan Comparison: 3.92% vs 6.5%

3217 Colfax, Pueblo, CO 81008 · 4bd/2ba · $340,000

List Price
$340,000
Assumable Rate
3.92%
Remaining Balance
$373,448
Equity Gap
$-33,448
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-33,448) is less than 5% of the purchase price ($17,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-33,448
Effective Rate
3.92%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,042/mo
Assumable @ 3.92%
$1,766/mo
$276less per month with the assumable

Your Savings on This Property

3217 Colfax, Pueblo · 3.92% VA vs 6.5% conventional

$276
per month
$3,310
per year
$99,311
over 30 years
$149,759
interest saved
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