🏠The Assumable Guy

Loan Comparison: 2.84% vs 6.5%

2521 Shannara, Colorado Springs, CO 80951 · 3bd/3ba · $1,900

List Price
$1,900
Assumable Rate
2.84%
Remaining Balance
$288,486
Equity Gap
$-286,586
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-286,586) is less than 5% of the purchase price ($95). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-286,586
Effective Rate
2.84%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$11/mo
Assumable @ 2.84%
$1,192/mo

Your Savings on This Property

2521 Shannara, Colorado Springs · 2.84% VA vs 6.5% conventional

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

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