🏠The Assumable Guy

Loan Comparison: 5.52% vs 6.5%

4026 Tiberias, Colorado Springs, CO 80916 · 3bd/3ba · $384,900

List Price
$384,900
Assumable Rate
5.52%
Remaining Balance
$376,570
Equity Gap
$7,804
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($7,804) is less than 5% of the purchase price ($19,245). Your down payment covers the full gap with no second mortgage required.

Down Payment
$7,804
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,311/mo
Assumable @ 5.52%
$2,143/mo
$168less per month with the assumable

Your Savings on This Property

4026 Tiberias, Colorado Springs · 5.52% FHA vs 6.5% conventional

$168
per month
$2,020
per year
$60,602
over 30 years
$71,517
interest saved
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