🏠The Assumable Guy

Loan Comparison: 5.1% vs 6.5%

4560 Barkman, Colorado Springs, CO 80916 · 4bd/2ba · $285,000

List Price
$285,000
Assumable Rate
5.1%
Remaining Balance
$406,131
Equity Gap
$-121,131
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($-121,131) is less than 5% of the purchase price ($14,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-121,131
Effective Rate
5.1%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,711/mo
Assumable @ 5.1%
$2,205/mo

Your Savings on This Property

4560 Barkman, Colorado Springs · 5.1% VA vs 6.5% conventional

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

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