🏠The Assumable Guy

Loan Comparison: 6.5% vs 6.5%

1014 Elfin Glen Drive, Divide, CO 80814 · 4bd/3ba · $403,000

List Price
$403,000
Assumable Rate
6.5%
Remaining Balance
$387,803
Equity Gap
$15,196
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($15,196) is less than 5% of the purchase price ($20,150). Your down payment covers the full gap with no second mortgage required.

Down Payment
$15,196
Effective Rate
6.5%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,420/mo
Assumable @ 6.5%
$2,451/mo

Your Savings on This Property

1014 Elfin Glen Drive, Divide · 6.5% FHA vs 6.5% conventional

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

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