🏠The Assumable Guy

Loan Comparison: 5.11% vs 6.5%

5329 Snowy Egret, Colorado Springs, CO 80924 · 3bd/3ba · $430,000

List Price
$430,000
Assumable Rate
5.11%
Remaining Balance
$418,728
Equity Gap
$11,917
Loan Type
VA

No Secondary Financing Needed

The equity gap on this property ($11,917) is less than 5% of the purchase price ($21,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$11,917
Effective Rate
5.11%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,582/mo
Assumable @ 5.11%
$2,276/mo
$306less per month with the assumable

Your Savings on This Property

5329 Snowy Egret, Colorado Springs · 5.11% VA vs 6.5% conventional

$306
per month
$3,671
per year
$110,139
over 30 years
$120,367
interest saved
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