🏠The Assumable Guy

Loan Comparison: 6.87% vs 6.5%

19593 93rd Lane, Arvada, CO 80007 · 2bd/4ba · $510,000

List Price
$510,000
Assumable Rate
6.87%
Remaining Balance
$504,637
Equity Gap
$5,362
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($5,362) is less than 5% of the purchase price ($25,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$5,362
Effective Rate
6.87%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,062/mo
Assumable @ 6.87%
$3,313/mo

Your Savings on This Property

19593 93rd Lane, Arvada · 6.87% FHA vs 6.5% conventional

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

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