🏠The Assumable Guy

Loan Comparison: 5.52% vs 6.5%

1129 Stanton, Colorado Springs, CO 80907 · 4bd/3ba · $447,500

List Price
$447,500
Assumable Rate
5.52%
Remaining Balance
$453,254
Equity Gap
$-5,754
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-5,754) is less than 5% of the purchase price ($22,375). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-5,754
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,687/mo
Assumable @ 5.52%
$2,579/mo
$108less per month with the assumable

Your Savings on This Property

1129 Stanton, Colorado Springs · 5.52% VA vs 6.5% conventional

$108
per month
$1,294
per year
$38,830
over 30 years
$66,959
interest saved
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