🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

6385 Silverado, Colorado Springs, CO 80922 · 5bd/4ba · $485,000

List Price
$485,000
Assumable Rate
5.41%
Remaining Balance
$555,576
Equity Gap
$-70,576
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-70,576) is less than 5% of the purchase price ($24,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-70,576
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,912/mo
Assumable @ 5.41%
$3,123/mo

Your Savings on This Property

6385 Silverado, Colorado Springs · 5.41% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$18,886
interest saved
🏠

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