🏠The Assumable Guy

Loan Comparison: 3.96% vs 6.5%

3093 Olathe Way, Aurora, CO 80013 · 2bd/1ba · $350,000

List Price
$350,000
Assumable Rate
3.96%
Remaining Balance
$348,016
Equity Gap
$1,984
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($1,984) is less than 5% of the purchase price ($17,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$1,984
Effective Rate
3.96%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,102/mo
Assumable @ 3.96%
$1,653/mo
$448less per month with the assumable

Your Savings on This Property

3093 Olathe Way, Aurora · 3.96% FHA vs 6.5% conventional

$448
per month
$5,378
per year
$161,338
over 30 years
$176,854
interest saved
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