🏠The Assumable Guy

Loan Comparison: 2.98% vs 6.5%

6776 Volga, Colorado Springs, CO 80925 · 4bd/3ba · $375,000

List Price
$375,000
Assumable Rate
2.98%
Remaining Balance
$593,048
Equity Gap
$-218,048
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-218,048) is less than 5% of the purchase price ($18,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-218,048
Effective Rate
2.98%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,252/mo
Assumable @ 2.98%
$2,494/mo

Your Savings on This Property

6776 Volga, Colorado Springs · 2.98% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$149,613
interest saved
🏠

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