🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

5178 Barnstormers, Colorado Springs, CO 80911 · 5bd/3ba · $535,000

List Price
$535,000
Assumable Rate
5.41%
Remaining Balance
$517,744
Equity Gap
$17,255
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($17,255) is less than 5% of the purchase price ($26,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$17,255
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,212/mo
Assumable @ 5.41%
$2,911/mo
$302less per month with the assumable

Your Savings on This Property

5178 Barnstormers, Colorado Springs · 5.41% VA vs 6.5% conventional

$302
per month
$3,624
per year
$108,706
over 30 years
$118,200
interest saved
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