🏠The Assumable Guy

Loan Comparison: 5.52% vs 6.5%

9404 Tranquil Morning, Colorado Springs, CO 80925 · 4bd/3ba · $400,000

List Price
$400,000
Assumable Rate
5.52%
Remaining Balance
$537,705
Equity Gap
$-137,705
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-137,705) is less than 5% of the purchase price ($20,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-137,705
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,402/mo
Assumable @ 5.52%
$3,060/mo

Your Savings on This Property

9404 Tranquil Morning, Colorado Springs · 5.52% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
🏠

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