🏠The Assumable Guy

Loan Comparison: 5.3% vs 6.5%

921 Grissom, Colorado Springs, CO 80915 · 2bd/2ba · $317,000

List Price
$317,000
Assumable Rate
5.3%
Remaining Balance
$415,000
Equity Gap
$-98,000
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-98,000) is less than 5% of the purchase price ($15,850). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-98,000
Effective Rate
5.3%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,903/mo
Assumable @ 5.3%
$2,305/mo

Your Savings on This Property

921 Grissom, Colorado Springs · 5.3% VA vs 6.5% conventional

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

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