🏠The Assumable Guy

Loan Comparison: 3.1% vs 6.5%

6597 Rubicon, Colorado Springs, CO 80925 · 3bd/3ba · $389,000

List Price
$389,000
Assumable Rate
3.1%
Remaining Balance
$370,366
Equity Gap
$18,633
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($18,633) is less than 5% of the purchase price ($19,450). Your down payment covers the full gap with no second mortgage required.

Down Payment
$18,633
Effective Rate
3.1%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,336/mo
Assumable @ 3.1%
$1,582/mo
$754less per month with the assumable

Your Savings on This Property

6597 Rubicon, Colorado Springs · 3.1% VA vs 6.5% conventional

$754
per month
$9,051
per year
$271,542
over 30 years
$272,358
interest saved
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