🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

5169 Fennel, Colorado Springs, CO 80911 · 4bd/3ba · $399,999

List Price
$399,999
Assumable Rate
4.17%
Remaining Balance
$427,561
Equity Gap
$-27,562
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-27,562) is less than 5% of the purchase price ($20,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-27,562
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,402/mo
Assumable @ 4.17%
$2,083/mo
$318less per month with the assumable

Your Savings on This Property

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

$318
per month
$3,822
per year
$114,655
over 30 years
$162,217
interest saved
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