🏠The Assumable Guy

Loan Comparison: 3.73% vs 6.5%

7050 Silvergrass, Colorado Springs, CO 80927 · 3bd/3ba · $425,000

List Price
$425,000
Assumable Rate
3.73%
Remaining Balance
$407,877
Equity Gap
$17,122
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($17,122) is less than 5% of the purchase price ($21,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$17,122
Effective Rate
3.73%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,552/mo
Assumable @ 3.73%
$1,884/mo
$668less per month with the assumable

Your Savings on This Property

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

$668
per month
$8,012
per year
$240,357
over 30 years
$244,484
interest saved
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