🏠The Assumable Guy

Loan Comparison: 2.86% vs 6.5%

3317 Bijou, Colorado Springs, CO 80904 · 4bd/2ba · $455,000

List Price
$455,000
Assumable Rate
2.86%
Remaining Balance
$441,336
Equity Gap
$14,650
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($14,650) is less than 5% of the purchase price ($22,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$14,650
Effective Rate
2.86%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,732/mo
Assumable @ 2.86%
$1,828/mo
$905less per month with the assumable

Your Savings on This Property

3317 Bijou, Colorado Springs · 2.86% VA vs 6.5% conventional

$905
per month
$10,855
per year
$325,649
over 30 years
$334,735
interest saved
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