🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

113 Kiva, Colorado Springs, CO 80911 · 3bd/1ba · $250,000

List Price
$250,000
Assumable Rate
5.41%
Remaining Balance
$310,988
Equity Gap
$-60,988
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-60,988) is less than 5% of the purchase price ($12,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-60,988
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,501/mo
Assumable @ 5.41%
$1,748/mo

Your Savings on This Property

113 Kiva, Colorado Springs · 5.41% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
🏠

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