🏠The Assumable Guy

Loan Comparison: 4.13% vs 6.5%

2020 Salt, Colorado Springs, CO 80910 · 2bd/1ba · $1,465

List Price
$1,465
Assumable Rate
4.13%
Remaining Balance
$28,664
Equity Gap
$-27,199
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-27,199) is less than 5% of the purchase price ($73). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-27,199
Effective Rate
4.13%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$9/mo
Assumable @ 4.13%
$139/mo

Your Savings on This Property

2020 Salt, Colorado Springs · 4.13% FHA vs 6.5% conventional

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

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