🏠The Assumable Guy

Loan Comparison: 6.99% vs 6.5%

2 Adams Street, Denver, CO 80206 · 2bd/2ba · $350,000

List Price
$350,000
Assumable Rate
6.99%
Remaining Balance
$333,211
Equity Gap
$16,789
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($16,789) is less than 5% of the purchase price ($17,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,789
Effective Rate
6.99%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,102/mo
Assumable @ 6.99%
$2,215/mo

Your Savings on This Property

2 Adams Street, Denver · 6.99% FHA vs 6.5% conventional

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

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