🏠The Assumable Guy

Loan Comparison: 2.81% vs 6.5%

2374 Reed Grass, Colorado Springs, CO 80915 · 3bd/3ba · $2,495

List Price
$2,495
Assumable Rate
2.81%
Remaining Balance
$334,258
Equity Gap
$-331,763
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-331,763) is less than 5% of the purchase price ($125). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-331,763
Effective Rate
2.81%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$15/mo
Assumable @ 2.81%
$1,375/mo

Your Savings on This Property

2374 Reed Grass, Colorado Springs · 2.81% VA vs 6.5% conventional

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

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