🏠The Assumable Guy

Loan Comparison: 3.76% vs 6.5%

3041 Namib, Colorado Springs, CO 80939 · 6bd/3ba · $525,000

List Price
$525,000
Assumable Rate
3.76%
Remaining Balance
$500,720
Equity Gap
$24,279
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($24,279) is less than 5% of the purchase price ($26,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$24,279
Effective Rate
3.76%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,152/mo
Assumable @ 3.76%
$2,322/mo
$831less per month with the assumable

Your Savings on This Property

3041 Namib, Colorado Springs · 3.76% VA vs 6.5% conventional

$831
per month
$9,968
per year
$299,046
over 30 years
$301,016
interest saved
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