🏠The Assumable Guy

Loan Comparison: 5.23% vs 6.5%

4750 Wilde, Colorado Springs, CO 80916 · 4bd/2ba · $375,000

List Price
$375,000
Assumable Rate
5.23%
Remaining Balance
$358,830
Equity Gap
$14,594
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($14,594) is less than 5% of the purchase price ($18,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$14,594
Effective Rate
5.23%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,252/mo
Assumable @ 5.23%
$1,977/mo
$275less per month with the assumable

Your Savings on This Property

4750 Wilde, Colorado Springs · 5.23% VA vs 6.5% conventional

$275
per month
$3,297
per year
$98,896
over 30 years
$101,476
interest saved
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