🏠The Assumable Guy

Loan Comparison: 4.98% vs 6.5%

3523 Indigo Ridge, Colorado Springs, CO 80910 · 3bd/3ba · $299,000

List Price
$299,000
Assumable Rate
4.98%
Remaining Balance
$320,802
Equity Gap
$-21,802
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-21,802) is less than 5% of the purchase price ($14,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-21,802
Effective Rate
4.98%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,795/mo
Assumable @ 4.98%
$1,718/mo
$77less per month with the assumable

Your Savings on This Property

3523 Indigo Ridge, Colorado Springs · 4.98% VA vs 6.5% conventional

$77
per month
$926
per year
$27,783
over 30 years
$64,535
interest saved
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