🏠The Assumable Guy

Loan Comparison: 4.98% vs 6.5%

5968 Conductors, Colorado Springs, CO 80923 · 2bd/3ba · $304,000

List Price
$304,000
Assumable Rate
4.98%
Remaining Balance
$353,024
Equity Gap
$-49,024
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-49,024) is less than 5% of the purchase price ($15,200). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-49,024
Effective Rate
4.98%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,825/mo
Assumable @ 4.98%
$1,891/mo

Your Savings on This Property

5968 Conductors, Colorado Springs · 4.98% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$40,686
interest saved
🏠

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