🏠The Assumable Guy

Loan Comparison: 5.52% vs 6.5%

3618 Queen Anne, Colorado Springs, CO 80917 · 2bd/1ba · $229,900

List Price
$229,900
Assumable Rate
5.52%
Remaining Balance
$261,073
Equity Gap
$-31,173
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-31,173) is less than 5% of the purchase price ($11,495). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-31,173
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,380/mo
Assumable @ 5.52%
$1,486/mo

Your Savings on This Property

3618 Queen Anne, Colorado Springs · 5.52% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$4,813
interest saved
🏠

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