🏠The Assumable Guy

Loan Comparison: 2.96% vs 6.5%

4191 Parkwood, Colorado Springs, CO 80918 · 2bd/2ba · $2,546

List Price
$2,546
Assumable Rate
2.96%
Remaining Balance
$285,733
Equity Gap
$-283,187
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-283,187) is less than 5% of the purchase price ($127). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-283,187
Effective Rate
2.96%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$15/mo
Assumable @ 2.96%
$1,199/mo

Your Savings on This Property

4191 Parkwood, Colorado Springs · 2.96% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
🏠

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