🏠The Assumable Guy

Loan Comparison: 3.76% vs 6.5%

1530 Maxwell, Colorado Springs, CO 80906 · 3bd/1ba · $299,000

List Price
$299,000
Assumable Rate
3.76%
Remaining Balance
$348,369
Equity Gap
$-49,369
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-49,369) is less than 5% of the purchase price ($14,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-49,369
Effective Rate
3.76%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,795/mo
Assumable @ 3.76%
$1,615/mo
$180less per month with the assumable

Your Savings on This Property

1530 Maxwell, Colorado Springs · 3.76% VA vs 6.5% conventional

$180
per month
$2,161
per year
$64,822
over 30 years
$129,141
interest saved
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