VA Assumable

5.51% Rate

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6635 Mandan Drive

Colorado Springs, CO 80925

Bedrooms

Bathrooms

1,697

Sq Ft

Payment Calculator

$2,381

per month, total

$6,036

cash you bring

No secondary financing needed

The equity gap on this property ($6,036) is less than 5% of the purchase price ($21,250). Your down payment covers the full gap with no second mortgage required.

Down payment$6,036

Effective rate5.51% vs 6.5%

Monthly Payment Comparison

Conventional @ 6.5%

$2,552/mo

Assumable @ 5.51%

$2,381/mo

$171less per month

$171

per month

$2,046

per year

$61,384

over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

See Full Loan Breakdown →

🏦 Loan Details

List Price: $424,995
Assumable Rate: 5.51%
Remaining Balance: $418,959
Loan Type: VA
Est. Equity Gap: $6,036

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing

$424,995

5.51% rateVASave $171/mo

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