🏠The Assumable Guy

Loan Comparison: 7.2% vs 6.5%

705 Newark Street, Aurora, CO 80010 · 4bd/2ba · $389,999

List Price
$389,999
Assumable Rate
7.2%
Remaining Balance
$371,961
Equity Gap
$18,037
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($18,037) is less than 5% of the purchase price ($19,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$18,037
Effective Rate
7.2%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,342/mo
Assumable @ 7.2%
$2,525/mo

Your Savings on This Property

705 Newark Street, Aurora · 7.2% FHA vs 6.5% conventional

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

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