🏠The Assumable Guy

Loan Comparison: 3.76% vs 6.5%

6868 Alsea, Colorado Springs, CO 80925 · 3bd/4ba · $435,000

List Price
$435,000
Assumable Rate
3.76%
Remaining Balance
$417,150
Equity Gap
$17,850
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($17,850) is less than 5% of the purchase price ($21,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$17,850
Effective Rate
3.76%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,612/mo
Assumable @ 3.76%
$1,934/mo
$678less per month with the assumable

Your Savings on This Property

6868 Alsea, Colorado Springs · 3.76% FHA vs 6.5% conventional

$678
per month
$8,133
per year
$243,996
over 30 years
$247,896
interest saved
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