🏠The Assumable Guy

Loan Comparison: 2.87% vs 6.5%

lot 1 Forest heights, Colorado Springs, CO 80908 · 4bd/4ba · $339,500

List Price
$339,500
Assumable Rate
2.87%
Remaining Balance
$540,912
Equity Gap
$-201,412
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-201,412) is less than 5% of the purchase price ($16,975). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-201,412
Effective Rate
2.87%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,039/mo
Assumable @ 2.87%
$2,243/mo

Your Savings on This Property

lot 1 Forest heights, Colorado Springs · 2.87% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$144,882
interest saved
🏠

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