🏠The Assumable Guy

Loan Comparison: 6.85% vs 6.5%

986 114th Place, Denver, CO 80233 · 3bd/3ba · $520,000

List Price
$520,000
Assumable Rate
6.85%
Remaining Balance
$495,694
Equity Gap
$24,305
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($24,305) is less than 5% of the purchase price ($26,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$24,305
Effective Rate
6.85%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,122/mo
Assumable @ 6.85%
$3,248/mo

Your Savings on This Property

986 114th Place, Denver · 6.85% FHA vs 6.5% conventional

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

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