🏠The Assumable Guy

Loan Comparison: 2.68% vs 6.5%

1310 Burnham, Colorado Springs, CO 80906 · 4bd/2ba · $150,000

List Price
$150,000
Assumable Rate
2.68%
Remaining Balance
$283,893
Equity Gap
$-133,893
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-133,893) is less than 5% of the purchase price ($7,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-133,893
Effective Rate
2.68%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$901/mo
Assumable @ 2.68%
$1,148/mo

Your Savings on This Property

1310 Burnham, Colorado Springs · 2.68% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$52,195
interest saved
🏠

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