🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

5169 Fennel, Colorado Springs, CO 80911 · 5bd/3ba · $430,000

List Price
$430,000
Assumable Rate
4.17%
Remaining Balance
$428,316
Equity Gap
$1,684
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($1,684) is less than 5% of the purchase price ($21,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$1,684
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,582/mo
Assumable @ 4.17%
$2,087/mo
$495less per month with the assumable

Your Savings on This Property

5169 Fennel, Colorado Springs · 4.17% VA vs 6.5% conventional

$495
per month
$5,939
per year
$178,183
over 30 years
$197,999
interest saved
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