🏠The Assumable Guy

Loan Comparison: 3.76% vs 6.5%

4250 Olive, Denver, CO 80237 · 2bd/2ba · $299,000

List Price
$299,000
Assumable Rate
3.76%
Remaining Balance
$364,265
Equity Gap
$-65,265
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-65,265) is less than 5% of the purchase price ($14,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-65,265
Effective Rate
3.76%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,795/mo
Assumable @ 3.76%
$1,689/mo
$106less per month with the assumable

Your Savings on This Property

4250 Olive, Denver · 3.76% FHA vs 6.5% conventional

$106
per month
$1,276
per year
$38,287
over 30 years
$118,502
interest saved
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