🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

316 43rd, Greeley, CO 80634 · 4bd/3ba · $390,000

List Price
$390,000
Assumable Rate
4.17%
Remaining Balance
$402,573
Equity Gap
$12,175
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($12,175) is less than 5% of the purchase price ($19,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$12,175
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,342/mo
Assumable @ 4.17%
$1,962/mo
$380less per month with the assumable

Your Savings on This Property

316 43rd, Greeley · 4.17% FHA vs 6.5% conventional

$380
per month
$4,562
per year
$136,873
over 30 years
$168,946
interest saved
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