🏠The Assumable Guy

Loan Comparison: 6.95% vs 6.5%

6673 Ceylon Street, Denver, CO 80249 · 4bd/3ba · $465,000

List Price
$465,000
Assumable Rate
6.95%
Remaining Balance
$458,088
Equity Gap
$6,911
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($6,911) is less than 5% of the purchase price ($23,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$6,911
Effective Rate
6.95%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,792/mo
Assumable @ 6.95%
$3,032/mo

Your Savings on This Property

6673 Ceylon Street, Denver · 6.95% FHA vs 6.5% conventional

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

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