🏠The Assumable Guy

Loan Comparison: 5.22% vs 6.5%

85 Goret, Colorado Springs, CO 80911 · 3bd/1ba · $250,000

List Price
$250,000
Assumable Rate
5.22%
Remaining Balance
$301,185
Equity Gap
$-51,185
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-51,185) is less than 5% of the purchase price ($12,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-51,185
Effective Rate
5.22%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,501/mo
Assumable @ 5.22%
$1,658/mo

Your Savings on This Property

85 Goret, Colorado Springs · 5.22% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$7,381
interest saved
🏠

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