🏠The Assumable Guy

Loan Comparison: 4.98% vs 6.5%

4075 Tiberias, Colorado Springs, CO 80916 · 2bd/3ba · $315,000

List Price
$315,000
Assumable Rate
4.98%
Remaining Balance
$351,557
Equity Gap
$-36,557
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-36,557) is less than 5% of the purchase price ($15,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-36,557
Effective Rate
4.98%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,891/mo
Assumable @ 4.98%
$1,883/mo
$9less per month with the assumable

Your Savings on This Property

4075 Tiberias, Colorado Springs · 4.98% VA vs 6.5% conventional

$9
per month
$102
per year
$3,069
over 30 years
$55,376
interest saved
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