🏠The Assumable Guy

Loan Comparison: 6.9% vs 6.5%

1010 Grinde Drive, Fountain, CO 80817 · 5bd/4ba · $282,500

List Price
$282,500
Assumable Rate
6.9%
Remaining Balance
$271,065
Equity Gap
$11,435
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($11,435) is less than 5% of the purchase price ($14,125). Your down payment covers the full gap with no second mortgage required.

Down Payment
$11,435
Effective Rate
6.9%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,696/mo
Assumable @ 6.9%
$1,785/mo

Your Savings on This Property

1010 Grinde Drive, Fountain · 6.9% FHA vs 6.5% conventional

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

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