🏠The Assumable Guy

Loan Comparison: 3.55% vs 6.5%

10583 Horton, Colorado Springs, CO 80925 · 3bd/3ba · $365,000

List Price
$365,000
Assumable Rate
3.55%
Remaining Balance
$489,403
Equity Gap
$-124,403
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-124,403) is less than 5% of the purchase price ($18,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-124,403
Effective Rate
3.55%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,192/mo
Assumable @ 3.55%
$2,211/mo

Your Savings on This Property

10583 Horton, Colorado Springs · 3.55% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$135,588
interest saved
🏠

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