🏠The Assumable Guy

Loan Comparison: 4.98% vs 6.5%

6 33rd, Colorado Springs, CO 80904 · 2bd/1ba · $325,000

List Price
$325,000
Assumable Rate
4.98%
Remaining Balance
$319,425
Equity Gap
$5,574
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($5,574) is less than 5% of the purchase price ($16,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$5,574
Effective Rate
4.98%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,952/mo
Assumable @ 4.98%
$1,711/mo
$241less per month with the assumable

Your Savings on This Property

6 33rd, Colorado Springs · 4.98% VA vs 6.5% conventional

$241
per month
$2,888
per year
$86,641
over 30 years
$97,316
interest saved
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