🏠The Assumable Guy

Loan Comparison: 3.06% vs 6.5%

6773 Galpin, Colorado Springs, CO 80925 · 4bd/3ba · $390,000

List Price
$390,000
Assumable Rate
3.06%
Remaining Balance
$372,760
Equity Gap
$17,240
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($17,240) is less than 5% of the purchase price ($19,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$17,240
Effective Rate
3.06%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,342/mo
Assumable @ 3.06%
$1,584/mo
$758less per month with the assumable

Your Savings on This Property

6773 Galpin, Colorado Springs · 3.06% VA vs 6.5% conventional

$758
per month
$9,098
per year
$272,935
over 30 years
$275,195
interest saved
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