🏠The Assumable Guy

Loan Comparison: 3.1% vs 6.5%

1424 14th, Pueblo, CO 81001 · 4bd/3ba · $275,000

List Price
$275,000
Assumable Rate
3.1%
Remaining Balance
$291,413
Equity Gap
$-16,413
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-16,413) is less than 5% of the purchase price ($13,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-16,413
Effective Rate
3.1%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,651/mo
Assumable @ 3.1%
$1,244/mo
$407less per month with the assumable

Your Savings on This Property

1424 14th, Pueblo · 3.1% VA vs 6.5% conventional

$407
per month
$4,883
per year
$146,483
over 30 years
$176,646
interest saved
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