🏠The Assumable Guy

Loan Comparison: 5.22% vs 6.5%

3001 Fountain, Colorado Springs, CO 80910 · 3bd/2ba · $150,000

List Price
$150,000
Assumable Rate
5.22%
Remaining Balance
$232,403
Equity Gap
$-82,403
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-82,403) is less than 5% of the purchase price ($7,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-82,403
Effective Rate
5.22%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$901/mo
Assumable @ 5.22%
$1,279/mo

Your Savings on This Property

3001 Fountain, Colorado Springs · 5.22% VA vs 6.5% conventional

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

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