🏠The Assumable Guy

Loan Comparison: 3.07% vs 6.5%

2826 Lansing, Aurora, CO 80014 · 3bd/3ba · $300,000

List Price
$300,000
Assumable Rate
3.07%
Remaining Balance
$330,599
Equity Gap
$-30,599
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-30,599) is less than 5% of the purchase price ($15,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-30,599
Effective Rate
3.07%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,801/mo
Assumable @ 3.07%
$1,406/mo
$395less per month with the assumable

Your Savings on This Property

2826 Lansing, Aurora · 3.07% FHA vs 6.5% conventional

$395
per month
$4,741
per year
$142,223
over 30 years
$187,822
interest saved
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