Loan Comparison: 4% vs 6.5%

3762 Homestead Ridge, Colorado Springs, CO 80917 · 3bd/3ba · $329,000

List Price
$329,000
Assumable Rate
4%
Remaining Balance
$362,632
Equity Gap
$-33,632
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-33,632) is less than 5% of the purchase price ($16,450). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-33,632
Effective Rate
4%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,976/mo
Assumable @ 4%
$1,731/mo
$244less per month with the assumable

Your Savings on This Property

3762 Homestead Ridge, Colorado Springs · 4% VA vs 6.5% conventional

$244
per month
$2,931
per year
$87,936
over 30 years
$138,018
interest saved
🏠

Back to This Listing

View photos, details, and request a showing for 3762 Homestead Ridge.

View Listing Details
📈

Interested in This Home?

Get full loan details and schedule a showing. Free, no obligation.

Free. No spam. We personally respond within 24 hours.

By submitting, you consent to be contacted by The Assumable Guy via phone, text, and email regarding assumable mortgage properties. Message & data rates may apply. Reply STOP to opt out.