🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

1917 Cache La Poudre, Colorado Springs, CO 80909 · 3bd/2ba · $365,000

List Price
$365,000
Assumable Rate
4.17%
Remaining Balance
$348,021
Equity Gap
$16,978
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($16,978) is less than 5% of the purchase price ($18,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,978
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,192/mo
Assumable @ 4.17%
$1,696/mo
$496less per month with the assumable

Your Savings on This Property

1917 Cache La Poudre, Colorado Springs · 4.17% VA vs 6.5% conventional

$496
per month
$5,951
per year
$178,525
over 30 years
$179,796
interest saved
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