🏠The Assumable Guy

Loan Comparison: 5.23% vs 6.5%

2438 Barkman, Colorado Springs, CO 80916 · 4bd/2ba · $299,000

List Price
$299,000
Assumable Rate
5.23%
Remaining Balance
$338,939
Equity Gap
$-39,939
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-39,939) is less than 5% of the purchase price ($14,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-39,939
Effective Rate
5.23%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,795/mo
Assumable @ 5.23%
$1,867/mo

Your Savings on This Property

2438 Barkman, Colorado Springs · 5.23% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$28,952
interest saved
🏠

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