🏠The Assumable Guy

Loan Comparison: 2.9% vs 6.5%

10758 Witcher, Colorado Springs, CO 80925 · 4bd/3ba · $438,000

List Price
$438,000
Assumable Rate
2.9%
Remaining Balance
$486,211
Equity Gap
$6,520
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($6,520) is less than 5% of the purchase price ($21,900). Your down payment covers the full gap with no second mortgage required.

Down Payment
$6,520
Effective Rate
2.9%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,630/mo
Assumable @ 2.9%
$2,024/mo
$606less per month with the assumable

Your Savings on This Property

10758 Witcher, Colorado Springs · 2.9% VA vs 6.5% conventional

$606
per month
$7,275
per year
$218,260
over 30 years
$288,371
interest saved
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