🏠The Assumable Guy

Loan Comparison: 3.9% vs 6.5%

622 Saint Elmo, Colorado Springs, CO 80905 · 3bd/1ba · $1,500

List Price
$1,500
Assumable Rate
3.9%
Remaining Balance
$63,999
Equity Gap
$-62,499
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-62,499) is less than 5% of the purchase price ($75). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-62,499
Effective Rate
3.9%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$9/mo
Assumable @ 3.9%
$302/mo

Your Savings on This Property

622 Saint Elmo, Colorado Springs · 3.9% FHA vs 6.5% conventional

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

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