🏠The Assumable Guy

Loan Comparison: 3.08% vs 6.5%

725 Clinton Street, Denver, CO 80247 · 2bd/1ba · $144,900

List Price
$144,900
Assumable Rate
3.08%
Remaining Balance
$137,992
Equity Gap
$6,907
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($6,907) is less than 5% of the purchase price ($7,245). Your down payment covers the full gap with no second mortgage required.

Down Payment
$6,907
Effective Rate
3.08%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$870/mo
Assumable @ 3.08%
$588/mo
$282less per month with the assumable

Your Savings on This Property

725 Clinton Street, Denver · 3.08% FHA vs 6.5% conventional

$282
per month
$3,388
per year
$101,636
over 30 years
$101,973
interest saved
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