🏠The Assumable Guy

Loan Comparison: 7.62% vs 6.5%

7995 Chase Circle, Arvada, CO 80003 · 1bd/1ba · $281,000

List Price
$281,000
Assumable Rate
7.62%
Remaining Balance
$279,057
Equity Gap
$1,943
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($1,943) is less than 5% of the purchase price ($14,050). Your down payment covers the full gap with no second mortgage required.

Down Payment
$1,943
Effective Rate
7.62%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,687/mo
Assumable @ 7.62%
$1,974/mo

Your Savings on This Property

7995 Chase Circle, Arvada · 7.62% FHA vs 6.5% conventional

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

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