Multispectral demosaicing is crucial to reconstruct full-resolution spectral images from snapshot mosaiced measurements, enabling real-time imaging from neurosurgery to autonomous driving. Classical methods are blurry, while supervised learning requires costly ground truth (GT) obtained from slow line-scanning systems. We propose Perspective-Equivariant Fine-tuning for Demosaicing (PEFD), a framework that learns multispectral demosaicing from mosaiced measurements alone. PEFD a) exploits the projective geometry of camera-based imaging systems to leverage a richer group structure than previous demosaicing methods to recover more null-space information, and b) learns efficiently without GT by adapting pretrained foundation models designed for 1-3 channel imaging. On intraoperative and automotive datasets, PEFD recovers fine details such as blood vessels and preserves spectral fidelity, substantially outperforming recent approaches, nearing supervised performance.