🏠The Assumable Guy

Loan Comparison: 3.45% vs 6.5%

4879 Turning Leaf, Colorado Springs, CO 80922 · 4bd/3ba · $399,000

List Price
$399,000
Assumable Rate
3.45%
Remaining Balance
$453,207
Equity Gap
$-54,207
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-54,207) is less than 5% of the purchase price ($19,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-54,207
Effective Rate
3.45%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,396/mo
Assumable @ 3.45%
$2,022/mo
$373less per month with the assumable

Your Savings on This Property

4879 Turning Leaf, Colorado Springs · 3.45% VA vs 6.5% conventional

$373
per month
$4,481
per year
$134,417
over 30 years
$208,574
interest saved
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