🏠The Assumable Guy

Loan Comparison: 3.1% vs 6.5%

6950 Silverheels, Colorado Springs, CO 80911 · 5bd/2ba · $275,000

List Price
$275,000
Assumable Rate
3.1%
Remaining Balance
$460,327
Equity Gap
$-185,327
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-185,327) is less than 5% of the purchase price ($13,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-185,327
Effective Rate
3.1%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,651/mo
Assumable @ 3.1%
$1,966/mo

Your Savings on This Property

6950 Silverheels, Colorado Springs · 3.1% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$85,895
interest saved
🏠

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