🏠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
$450,515
Equity Gap
$-51,515
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-51,515) is less than 5% of the purchase price ($19,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-51,515
Effective Rate
3.45%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,396/mo
Assumable @ 3.45%
$2,010/mo
$385less per month with the assumable

Your Savings on This Property

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

$385
per month
$4,625
per year
$138,742
over 30 years
$210,207
interest saved
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