🏠The Assumable Guy

Loan Comparison: 5.52% vs 6.5%

6635 Mandan, Colorado Springs, CO 80925 · 4bd/3ba · $435,000

List Price
$435,000
Assumable Rate
5.52%
Remaining Balance
$420,801
Equity Gap
$13,605
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($13,605) is less than 5% of the purchase price ($21,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$13,605
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,612/mo
Assumable @ 5.52%
$2,395/mo
$217less per month with the assumable

Your Savings on This Property

6635 Mandan, Colorado Springs · 5.52% VA vs 6.5% conventional

$217
per month
$2,610
per year
$78,291
over 30 years
$85,842
interest saved
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