🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

2018 42nd, Greeley, CO 80634 · 4bd/3ba · $470,000

List Price
$470,000
Assumable Rate
5.41%
Remaining Balance
$471,207
Equity Gap
$21,730
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($21,730) is less than 5% of the purchase price ($23,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$21,730
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,822/mo
Assumable @ 5.41%
$2,649/mo
$173less per month with the assumable

Your Savings on This Property

2018 42nd, Greeley · 5.41% FHA vs 6.5% conventional

$173
per month
$2,079
per year
$62,377
over 30 years
$87,084
interest saved
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