🏠The Assumable Guy

Loan Comparison: 5.56% vs 6.5%

1241 Forest Edge, Woodland Park, CO 80863 · 4bd/3ba · $550,000

List Price
$550,000
Assumable Rate
5.56%
Remaining Balance
$657,008
Equity Gap
$-107,008
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-107,008) is less than 5% of the purchase price ($27,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-107,008
Effective Rate
5.56%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,303/mo
Assumable @ 5.56%
$3,755/mo

Your Savings on This Property

1241 Forest Edge, Woodland Park · 5.56% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
🏠

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