🏠The Assumable Guy

Loan Comparison: 5.23% vs 6.5%

1703 Harrow, Colorado Springs, CO 80906 · 3bd/2ba · $329,900

List Price
$329,900
Assumable Rate
5.23%
Remaining Balance
$350,587
Equity Gap
$-20,687
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-20,687) is less than 5% of the purchase price ($16,495). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-20,687
Effective Rate
5.23%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,981/mo
Assumable @ 5.23%
$1,932/mo
$49less per month with the assumable

Your Savings on This Property

1703 Harrow, Colorado Springs · 5.23% VA vs 6.5% conventional

$49
per month
$592
per year
$17,755
over 30 years
$54,937
interest saved
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