🏠The Assumable Guy

Loan Comparison: 2.98% vs 6.5%

3433 Hunterwood, Colorado Springs, CO 80916 · 4bd/2ba · $340,000

List Price
$340,000
Assumable Rate
2.98%
Remaining Balance
$324,420
Equity Gap
$16,300
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($16,300) is less than 5% of the purchase price ($17,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,300
Effective Rate
2.98%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,042/mo
Assumable @ 2.98%
$1,364/mo
$677less per month with the assumable

Your Savings on This Property

3433 Hunterwood, Colorado Springs · 2.98% VA vs 6.5% conventional

$677
per month
$8,128
per year
$243,831
over 30 years
$245,251
interest saved
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