🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

1911 Del Mar, Colorado Springs, CO 80910 · 3bd/1ba · $315,000

List Price
$315,000
Assumable Rate
4.17%
Remaining Balance
$333,719
Equity Gap
$-18,719
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-18,719) is less than 5% of the purchase price ($15,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-18,719
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,891/mo
Assumable @ 4.17%
$1,626/mo
$265less per month with the assumable

Your Savings on This Property

1911 Del Mar, Colorado Springs · 4.17% VA vs 6.5% conventional

$265
per month
$3,184
per year
$95,529
over 30 years
$129,998
interest saved
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