🏠The Assumable Guy

Loan Comparison: 3.76% vs 6.5%

5309 Sky Top, Colorado Springs, CO 80918 · 0bd/0ba · $474,000

List Price
$474,000
Assumable Rate
3.76%
Remaining Balance
$459,367
Equity Gap
$16,358
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($16,358) is less than 5% of the purchase price ($23,700). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,358
Effective Rate
3.76%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,846/mo
Assumable @ 3.76%
$2,130/mo
$716less per month with the assumable

Your Savings on This Property

5309 Sky Top, Colorado Springs · 3.76% VA vs 6.5% conventional

$716
per month
$8,594
per year
$257,830
over 30 years
$266,897
interest saved
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