🏠The Assumable Guy

Loan Comparison: 3.76% vs 6.5%

6840 Alsea, Colorado Springs, CO 80925 · 3bd/4ba · $440,000

List Price
$440,000
Assumable Rate
3.76%
Remaining Balance
$424,533
Equity Gap
$16,259
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($16,259) is less than 5% of the purchase price ($22,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,259
Effective Rate
3.76%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,642/mo
Assumable @ 3.76%
$1,968/mo
$674less per month with the assumable

Your Savings on This Property

6840 Alsea, Colorado Springs · 3.76% VA vs 6.5% conventional

$674
per month
$8,083
per year
$242,480
over 30 years
$249,013
interest saved
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