🏠The Assumable Guy

Loan Comparison: 6.71% vs 6.5%

1030 4th Avenue, Denver, CO 80218 · 3bd/2ba · $550,000

List Price
$550,000
Assumable Rate
6.71%
Remaining Balance
$535,307
Equity Gap
$14,692
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($14,692) is less than 5% of the purchase price ($27,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$14,692
Effective Rate
6.71%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,303/mo
Assumable @ 6.71%
$3,458/mo

Your Savings on This Property

1030 4th Avenue, Denver · 6.71% FHA vs 6.5% conventional

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

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