🏠The Assumable Guy

Loan Comparison: 5.52% vs 6.5%

4026 Tiberias, Colorado Springs, CO 80916 · 3bd/3ba · $395,000

List Price
$395,000
Assumable Rate
5.52%
Remaining Balance
$377,096
Equity Gap
$17,904
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($17,904) is less than 5% of the purchase price ($19,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$17,904
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,372/mo
Assumable @ 5.52%
$2,146/mo
$226less per month with the assumable

Your Savings on This Property

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

$226
per month
$2,712
per year
$81,357
over 30 years
$83,203
interest saved
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