🏠The Assumable Guy

Loan Comparison: 3.1% vs 6.5%

2143 Coronado Parkway, Denver, CO 80229 · 1bd/1ba · $279,999

List Price
$279,999
Assumable Rate
3.1%
Remaining Balance
$274,082
Equity Gap
$5,916
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($5,916) is less than 5% of the purchase price ($14,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$5,916
Effective Rate
3.1%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,681/mo
Assumable @ 3.1%
$1,170/mo
$511less per month with the assumable

Your Savings on This Property

2143 Coronado Parkway, Denver · 3.1% FHA vs 6.5% conventional

$511
per month
$6,131
per year
$183,931
over 30 years
$192,014
interest saved
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