🏠The Assumable Guy

Loan Comparison: 4.92% vs 6.5%

4883 Jamesport, Colorado Springs, CO 80918 · 3bd/3ba · $599,000

List Price
$599,000
Assumable Rate
4.92%
Remaining Balance
$643,082
Equity Gap
$-44,082
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-44,082) is less than 5% of the purchase price ($29,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-44,082
Effective Rate
4.92%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,597/mo
Assumable @ 4.92%
$3,421/mo
$176less per month with the assumable

Your Savings on This Property

4883 Jamesport, Colorado Springs · 4.92% VA vs 6.5% conventional

$176
per month
$2,111
per year
$63,343
over 30 years
$137,375
interest saved
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