🏠The Assumable Guy

Loan Comparison: 4.62% vs 6.5%

7911 Shiloh Mesa, Colorado Springs, CO 80908 · 3bd/3ba · $379,000

List Price
$379,000
Assumable Rate
4.62%
Remaining Balance
$373,545
Equity Gap
$2,361
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($2,361) is less than 5% of the purchase price ($18,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$2,361
Effective Rate
4.62%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,276/mo
Assumable @ 4.62%
$1,919/mo
$356less per month with the assumable

Your Savings on This Property

7911 Shiloh Mesa, Colorado Springs · 4.62% VA vs 6.5% conventional

$356
per month
$4,276
per year
$128,281
over 30 years
$141,776
interest saved
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