🏠The Assumable Guy

Loan Comparison: 2.96% vs 6.5%

6142 Meadowbank, Colorado Springs, CO 80925 · 4bd/3ba · $2,300

List Price
$2,300
Assumable Rate
2.96%
Remaining Balance
$378,866
Equity Gap
$-376,566
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-376,566) is less than 5% of the purchase price ($115). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-376,566
Effective Rate
2.96%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$14/mo
Assumable @ 2.96%
$1,589/mo

Your Savings on This Property

6142 Meadowbank, Colorado Springs · 2.96% VA vs 6.5% conventional

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

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