🏠The Assumable Guy

Loan Comparison: 2.87% vs 6.5%

1623 James, Colorado Springs, CO 80915 · 4bd/3ba · $390,000

List Price
$390,000
Assumable Rate
2.87%
Remaining Balance
$376,360
Equity Gap
$13,639
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($13,639) is less than 5% of the purchase price ($19,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$13,639
Effective Rate
2.87%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,342/mo
Assumable @ 2.87%
$1,560/mo
$781less per month with the assumable

Your Savings on This Property

1623 James, Colorado Springs · 2.87% VA vs 6.5% conventional

$781
per month
$9,376
per year
$281,278
over 30 years
$287,138
interest saved
🏠

Back to This Listing

View photos, details, and request a showing for 1623 James.

View Listing Details
📈

Interested in This Home?

Get full loan details and schedule a showing. Free, no obligation.

Free. No spam. We personally respond within 24 hours.

By submitting, you consent to be contacted by The Assumable Guy via phone, text, and email regarding assumable mortgage properties. Message & data rates may apply. Reply STOP to opt out.