🏠The Assumable Guy

Loan Comparison: 4.98% vs 6.5%

3523 Indigo Ridge, Colorado Springs, CO 80910 · 3bd/3ba · $315,000

List Price
$315,000
Assumable Rate
4.98%
Remaining Balance
$322,302
Equity Gap
$-7,302
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-7,302) is less than 5% of the purchase price ($15,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-7,302
Effective Rate
4.98%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,891/mo
Assumable @ 4.98%
$1,726/mo
$165less per month with the assumable

Your Savings on This Property

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

$165
per month
$1,983
per year
$59,477
over 30 years
$82,529
interest saved
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