🏠The Assumable Guy

Loan Comparison: 5.52% vs 6.5%

3051 Shikra, Colorado Springs, CO 80916 · 3bd/0ba · $275,000

List Price
$275,000
Assumable Rate
5.52%
Remaining Balance
$297,638
Equity Gap
$-22,638
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-22,638) is less than 5% of the purchase price ($13,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-22,638
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,651/mo
Assumable @ 5.52%
$1,694/mo

Your Savings on This Property

3051 Shikra, Colorado Springs · 5.52% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$21,119
interest saved
🏠

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