🏠The Assumable Guy

Loan Comparison: 3.73% vs 6.5%

7050 Silvergrass, Colorado Springs, CO 80927 · 3bd/3ba · $430,000

List Price
$430,000
Assumable Rate
3.73%
Remaining Balance
$410,180
Equity Gap
$19,820
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($19,820) is less than 5% of the purchase price ($21,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$19,820
Effective Rate
3.73%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,582/mo
Assumable @ 3.73%
$1,895/mo
$687less per month with the assumable

Your Savings on This Property

7050 Silvergrass, Colorado Springs · 3.73% VA vs 6.5% conventional

$687
per month
$8,245
per year
$247,335
over 30 years
$249,015
interest saved
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