🏠The Assumable Guy

Loan Comparison: 5.23% vs 6.5%

1523 Claremont, Pueblo, CO 81004 · 2bd/1ba · $140,000

List Price
$140,000
Assumable Rate
5.23%
Remaining Balance
$202,611
Equity Gap
$-62,611
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-62,611) is less than 5% of the purchase price ($7,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-62,611
Effective Rate
5.23%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$841/mo
Assumable @ 5.23%
$1,116/mo

Your Savings on This Property

1523 Claremont, Pueblo · 5.23% FHA vs 6.5% conventional

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

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