🏠The Assumable Guy

Loan Comparison: 2.88% vs 6.5%

6876 Volga, Colorado Springs, CO 80925 · 5bd/3ba · $489,500

List Price
$489,500
Assumable Rate
2.88%
Remaining Balance
$525,406
Equity Gap
$22,349
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($22,349) is less than 5% of the purchase price ($24,475). Your down payment covers the full gap with no second mortgage required.

Down Payment
$22,349
Effective Rate
2.88%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,939/mo
Assumable @ 2.88%
$2,181/mo
$758less per month with the assumable

Your Savings on This Property

6876 Volga, Colorado Springs · 2.88% VA vs 6.5% conventional

$758
per month
$9,096
per year
$272,880
over 30 years
$333,261
interest saved
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