🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

807 Bryce, Colorado Springs, CO 80910 · 5bd/2ba · $384,000

List Price
$384,000
Assumable Rate
4.17%
Remaining Balance
$391,460
Equity Gap
$-7,460
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-7,460) is less than 5% of the purchase price ($19,200). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-7,460
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,306/mo
Assumable @ 4.17%
$1,907/mo
$398less per month with the assumable

Your Savings on This Property

807 Bryce, Colorado Springs · 4.17% VA vs 6.5% conventional

$398
per month
$4,780
per year
$143,397
over 30 years
$170,057
interest saved
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