🏠The Assumable Guy

Loan Comparison: 4% vs 6.5%

1911 Del Mar, Colorado Springs, CO 80910 · 3bd/1ba · $245,000

List Price
$245,000
Assumable Rate
4%
Remaining Balance
$358,050
Equity Gap
$-113,050
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-113,050) is less than 5% of the purchase price ($12,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-113,050
Effective Rate
4%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,471/mo
Assumable @ 4%
$1,709/mo

Your Savings on This Property

1911 Del Mar, Colorado Springs · 4% VA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$39,531
interest saved
🏠

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