🏠The Assumable Guy

Loan Comparison: 3.76% vs 6.5%

2535 Sonoma, Colorado Springs, CO 80910 · 3bd/2ba · $329,000

List Price
$329,000
Assumable Rate
3.76%
Remaining Balance
$333,354
Equity Gap
$-4,354
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-4,354) is less than 5% of the purchase price ($16,450). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-4,354
Effective Rate
3.76%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,976/mo
Assumable @ 3.76%
$1,546/mo
$430less per month with the assumable

Your Savings on This Property

2535 Sonoma, Colorado Springs · 3.76% VA vs 6.5% conventional

$430
per month
$5,158
per year
$154,736
over 30 years
$175,540
interest saved
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