🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

1601 105th Avenue Court, Greeley, CO 80634 · 2bd/1ba · $475,000

List Price
$475,000
Assumable Rate
5.41%
Remaining Balance
$462,403
Equity Gap
$12,597
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($12,597) is less than 5% of the purchase price ($23,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$12,597
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,852/mo
Assumable @ 5.41%
$2,599/mo
$253less per month with the assumable

Your Savings on This Property

1601 105th Avenue Court, Greeley · 5.41% FHA vs 6.5% conventional

$253
per month
$3,033
per year
$91,002
over 30 years
$102,155
interest saved
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