🏠The Assumable Guy

Loan Comparison: 4.5% vs 6.5%

2143 Coronado, Denver, CO 80229 · 2bd/2ba · $295,000

List Price
$295,000
Assumable Rate
4.5%
Remaining Balance
$282,868
Equity Gap
$12,132
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($12,132) is less than 5% of the purchase price ($14,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$12,132
Effective Rate
4.5%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,771/mo
Assumable @ 4.5%
$1,433/mo
$338less per month with the assumable

Your Savings on This Property

2143 Coronado, Denver · 4.5% FHA vs 6.5% conventional

$338
per month
$4,057
per year
$121,723
over 30 years
$124,341
interest saved
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