🏠The Assumable Guy

Loan Comparison: 3.76% vs 6.5%

2768 Thrush, Colorado Springs, CO 80920 · 3bd/3ba · $420,000

List Price
$420,000
Assumable Rate
3.76%
Remaining Balance
$448,979
Equity Gap
$-28,979
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-28,979) is less than 5% of the purchase price ($21,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-28,979
Effective Rate
3.76%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,522/mo
Assumable @ 3.76%
$2,082/mo
$440less per month with the assumable

Your Savings on This Property

2768 Thrush, Colorado Springs · 3.76% VA vs 6.5% conventional

$440
per month
$5,281
per year
$158,440
over 30 years
$208,419
interest saved
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